Wednesday, 16 September 2015 12:47

Bulletproof paying $3.5 million for Infoplex

Bulletproof paying $3.5 million for Infoplex Image courtesy of Dan,

Managed IT cloud services provider Bulletproof (ASX:BPF) is to acquire managed private cloud company Infoplex for $3.5 million in a deal which it says will extend its reach in the private cloud services market.

Infoplex, part of the Nextgen Group, is a Managed Private Cloud company that utilises third party data centres in Sydney and Melbourne and manages and hosts blue chip customers’ private cloud requirements for core enterprise applications.

Bulletproof says it will fund the deal with funds raised from a placement of $3.8 million of its shares at 25c each with a number of institutional investors, including existing shareholders. The Company says it also proposes to undertake a subsequent Share Purchase Plan at the same price offered to those placement investors (25c), to ensure all shareholders have the opportunity to participate in the transaction.

Bulletproof CEO, Anthony Woodward, said: “As Bulletproof engages clients in their journey to cloud, we increasingly identify applications that customers wish to move to private cloud for a variety of reasons. This acquisition gives us additional, market leading, private cloud capacity and capability. That not only expands our own offering, but also presents a clear opportunity to the company to acquire more of these customers.

“Infoplex uses technology platforms and skills in which we are already the proven market leader, providing managed private cloud services to customers like Bluescope Steel, Crownbet and Movember.”

Woodward said the acquisition will give Bulletproof broader depth and additional skills to deliver more world class private cloud services to enterprise and government customers. “This acquisition also positions Bulletproof as the largest, and most trusted Managed Cloud Services provider in the region. We are excited to count Infoplex as part of the wider Bulletproof family.”

Woodward also said Bulletproof will offer the advanced private cloud capability enabled by the acquisition to its existing customer base of over 650 clients, and will also have the opportunity to cross sell its market-leading end to end public cloud services including consulting, implementation and ongoing managed services to the Infoplex enterprise and government customer base.

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Peter Dinham

Peter Dinham - retired in 2020. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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