Nexion has acquired Australian telecommunications and network solution provider BlueSky Telecom for $2 million in shares. According to the publicly listed company, BlueSky has national customers across Australia and revenue of $2.9 million. Nexion claimed the deal will increase its recurring revenue base as a percentage of total revenue and that there “is a strong …
Colocation and networking provider Nexion has acquired Perth-based telecommunications provider Blue Sky Telecom for $2 million in stock plus earn-out incentives. Blue Sky is a national telco and network solutions provider with a focus on mine-site camps across Western Australia. Some of its offerings include an international Hosted Voice Platform; a Multiprotocol Label Switching (MPLS) …
Nexion’s expansion has continued since IPO, with the acquisition of Blue Sky Telecom that will increase recurring revenues and accelerate its growth. Hybrid cloud provider Nexion Group (ASX:NNG) is making headway toward its expansion strategy, announcing the acquisition of Blue Sky Telecom, a Perth-based telecommunications and network solution provider. The acquisition delivers on Nexion’s strategy outlined in …
Nexion Makes Good On Prospectus Promise – By Stockhead Read More »
Australian technology solutions company Nexion has signed a contract with US SD-WAN vendor Aryaka to deploy Network Point of Presence in Auckland. Perth-based cloud service providers will significantly enhance their hybrid cloud services by deploying a third Aryaka network node in the Australia and New Zealand regions. Known as the OneCloud node, this deployment enhances …
Nexion to build Aukland SD-WAN node – By Eminetra Read More »
Australian technology solutions company Nexion has signed an agreement with US SD-WAN vendor Aryaka to deploy a network point of presence in Auckland. The Perth-based cloud services provider will deploy the third Aryaka network node in the Australia and New Zealand region, giving it a significant boost to its hybrid cloud offerings. Known as the …
Nexion to build Aukland SD-WAN node – By Reseller News Read More »
Nexion Networks and IBM Australia have signed a five-year contract which will see the local arm of the global integrator resell Nexion’s cloud services. The deal relates to an unnamed project in Western Australia and Nexion boss Paul Glass said the agreement would bring in $4 million over five years. The deal will see IBM’ …
Nexion Signs $4M Cloud Deal With IBM – By CRN Read More »
The Nexion Group (ASX: NNG) share price is racing higher following a multi-million deal signed with IBM Australia Ltd (NYSE: IBM). During the late afternoon trade, the information technology service provider’s shares are up 8.3% to 33 cents. It’s worth noting that when the market opened, the Nexion share price hit an all-time high of 41 cents. What’s the deal? According to …
Why the Nexion Share Price Is Raising 8% Higher – By The Motley Fool Read More »
Last week I talked about 5G Networks’ big government win. With the company announcing a commitment from the SA government for ongoing development of their cloud capabilities. A sign of the times, you could call it. Just another example of the ongoing digitisation we’re seeing from both the public and private sector. Well, today we’ve …
Nexion Group Signs Deal with IBM – By Money Morning Read More »
Special Report: With strong organic revenue growth and global partnerships in place, Nexion is poised to scale up as it joins the ASX boards. Technology company Nexion (ASX:NNG) is looking to maximise its market opportunity in global cloud computing services with its listing on the ASX this Thursday. The company is joining the boards after closing out …
Hybrid cloud services provider Nexion Group will begin trading on the Australian Securities Exchange (ASX) using the ticker NNG on 18 February. The Perth-based company lodged a prospectus in November last year looking for a $22.3 million market capitalisation and offering 40 million shares at $0.20 each, which led to it successfully raising $8 million. At the …
Nexion Group Officially Lists On The ASX – By ARN Read More »
