https://www.engineeringnews.co.za

Adapt IT to acquire Wisenet Group businesses

9th January 2019

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

Adapt IT, through its wholly-owned subsidiaries, has entered into agreements to acquire the businesses of the Wisenet Group, as well as the business intellectual property (IP) and existing IP rights of Wakatipu Management (Wisenet SG) for at least S$5.22-million.

The Wisenet Group comprises Kura Holdings, Wisenet Information Systems (Wisenet Australia) and Wise.Net Corporate Trustee (Wisenet NZ).

Kura and Wisenet Australia will be acquired by Adapt IT Australia, Wisenet NZ will be acquired by Adapt IT NZ and Wisenet SG will be acquired by Adapt IT Solutions.

The acquisition is expected to complement Adapt IT’s education division’s growth strategy and provide Adapt IT with access to key proprietary software, customers and markets in the higher education sector in Australia.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.115 0.175s - 164pq - 2rq
Subscribe Now