Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

Vocus to acquire fibre provider Ipera Communications

Acquistion means Vocus will expand fibre network and add two Newcastle data centres
Vocus Communications CEO James Spencely.

Vocus Communications CEO James Spencely.

Vocus Communications (ASX:VOC) has entered a binding agreement to acquire Newcastle-based data centre and fibre provider Ipera Communications for $9.8 million.

The arrangement means Vocus will take over two data centres in Newcastle and expand its fibre network by 55 kilometres in the city. When the transaction is complete next year, the Ipera business is expected to contribute earnings before interest, tax, depreciation and amortisation (EBITDA) of between $2.3 million and $2.5 million in the 2014 financial year.

Organic growth drives Vocus revenue

Vocus begins partial phase out of Maxnet name

Vocus forecasts $47 million FY2012 revenue

According to Vocus CEO James Spencely, the acquisition will enable the company to service the national requirements of Newcastle-based companies while expanding Ipera’s services in the city.

Ipera founder and managing director, Chris Deere will be retained by Vocus to manage the Newcastle operation.

Deere said his company built one of the "most extensive" dark fibre networks in the Newcastle area. Its customers include NIB Health Funds, Hunter Water Corporation, Port Waratah Coal and Macquarie Generation. Ipera has been in operation since 2000.

Vocus Communications has been on the acquisition path since early this year. In May, it entered a binding agreement to acquire New Zealand-based data centre and Cloud provider, Maxnet, for A$7.3 million (NZ$9.5 million).

Follow Hamish Barwick on Twitter: @HamishBarwick

Follow Computerworld Australia on Twitter: @ComputerworldAU, or take part in the Computerworld conversation on LinkedIn: Computerworld Australia

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: Deere, Hunter Water Corporation
References show all
Comments are now closed.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: Ipera Communications, data centres, Vocus Communications, fibre network, dark Fibre
Latest Blog Posts
Whitepapers
  • Stop Paying the Earth for Global Roaming
    Why do we continue to pay the earth for global roaming? With Telstra increasing global roaming charges by 100-500% in over 180 countries, bill shock can only get worse. This paper investigates why, what and how your company can address the need for global coverage.
    Learn more »
  • How to Successfully Select an ERP System
    An Enterprise Resource Planning (ERP) system is a series of software applications that collect and compiles data from different departments to enhance collaboration and co-ordination within the business. If you’re looking to implement your first ERP system, or to upgrade from an existing system, this whitepaper offers eight simple steps for selection that will lead to long-term strategic success.
    Learn more »
  • Rebranded Quadmark revamps its IT solutions with Google Apps
    The Singapore office was using Exchange as its email server but encountered various issues such as storage capacity limitations and difficulty in managing spam. Adding new users to the server was also a hassle that often required a third party vendor, resulting in a waste of time and resources. Quadmark also experienced email performance issues that slowed down their employees’ response time, leading to frustration among staff and clients. Quadmark’s management felt that it was unacceptable to continue it’s current solution and thus decided to streamline its IT infrastructure alongside its rebranding plans. The business wanted a unified and consolidated email service for its various offices. Quadmark also wanted to be able to house files and documents on the cloud.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.
Latest Jobs
Salary Calculator

Supplied by

View the full Peoplebank ICT Salary & Employment Index

Recent comments

Computerworld
ARN
Techworld
CMO