Exeed to buy Renaissance distribution business
According to Renaissance CEO Shaun Rendell, the acquisition means Exeed will become the second largest player in the industry.
"Renaissance has has a long association with Apple in New Zealand. We are proud of the way we have represented the brand for over 27 years. The time had come to get bigger in the industry or get out. We admire the Exeed team and we are pleased, with Apple's blessing and subject to shareholder approval, to hand the brand on to them," adds the CEO.
Justin Tye, CEO of Exeed, says he trusts the shareholders will approve the decision. "We are delighted that as part of our negotiations, Apple, and several other key brands, have evaluated Exeed, its people and our reputation as an IT distributor and are happy for us to represent and distribute their products in New Zealand."
Exeed currently distributes HP, Samsung, Netgear, and Watchguard in New Zealand. Renaissance's portfolio also includes Fuji Xerox, Cygnet, Ozaki, and Belkin.
CIO100 2013 Overview: Chief transformation officer
CIOs are across a raft of programmes using disruptive and traditional technology - effectively leading change throughout the organisation in a tough economy.
Fighting for privacy
An interview with Kaliya Hamlin, aka 'Identity Woman' and head of the Personal Data Ecosystem Consortium, which aims to give individuals control over their personal data and how it is used by corporations.
- New Zealand’s IT leaders announced at CIO Awards
- Amazon CTO: Stop spending money on ‘undifferentiated heavy lifting’
- CIO Agenda: Innovate and transform on the ‘third platform’
- Five ways to create a collaborative risk management program
- BlackBerry pitches to NZ businesses in bid to recapture market share
CONNECT WITH @ CIO NZ
CIO is bringing together the best of MIS NZ and CIO, the new look CIO is the only magazine that focuses on the unique management needs of senior IT professionals.
Get the latest news from CIO delivered via email.
CIO 100 REPORT
The definitive guide to New Zealand's largest and most significant ICT users.
READ NOW »