Two Aussie SAP specialists acquired

By Ry Crozier on Aug 23, 2012 8:09 AM
Filed under Services

More consolidation for sought-after skills base.

Australia's SAP services market continues to consolidate with high-profile partners Stream and Sky Technologies being snapped up in separate buy-outs overnight.

Melbourne firm Sky Technologies - specialists in mobilising SAP environments - was bought out by US-based mobile platform maker Kony Solutions for an undisclosed sum.

Through the acquisition, Kony picks up SAP integration skills and "certified integration with SAP environments".

Co-founder and CEO of Sky Technologies, Tony O'Connor, said in a statement that the deal would allow Sky to "extend our existing offering to ... customers who want to mobilise ... non-SAP environments".

Meanwhile, UXC's SAP consultancy, Oxygen Business Solutions, has snapped up fellow services firm, Stream.

The Stream buy adds "around 40" SAP-trained staff to Oxygen's business.

"The two businesses are highly complementary with no overlap in sales pipeline," Oxygen CEO Stuart Dickinson said.

"The addition of the Stream customer base will provide us with a significant increase in software support revenue.

"We will also benefit from new software sales revenue thanks to the addition of Stream's successful SAP All-in-One sales and implementation capability."

Dickinson did not return a request for additional comment.

Completion of the Stream deal is expected by the end of this month.

Stream was known to have business among miners, including Valley Longwall International and Idemitsu Australia.

The pair of acquisitions are the latest in a general consolidation of specialist SAP skills in Australia.

In February, Deloitte Australia snapped up SAP services firm, Logro Consulting, a specialist in business intelligence and analytics projects, particularly in the mining and resources sectors.

And in December last year, PricewaterhouseCoopers bought Sydney-based Avantis Information Systems to expand its SAP Business Objects expertise.

 
Follow us on Facebook and Twitter
 

Copyright © iTnews.com.au . All rights reserved.

Two Aussie SAP specialists acquired
 
 
 
 
 
Top Stories
Reseller CEO faces 10 years jail
Former S Central boss accused of 35 offences.
 
JB Hi-Fi beats Apple and HP in reputation stakes
Boost for bricks-and-mortar with Good Guys also in top 10.
 
ICT investment firm loses almost $16 million
Invigor Group blames dispute over failed buyout.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Latest Comments
Polls
Are Chromebooks ready for the enterprise?

CRN Magazine

Issue: 326 | April 2014

CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.