Fujitsu, Infinity merger good fit for New Zealand market

Fujitsu New Zealand Limited and Infinity Solutions Limited today announced a merger of equals, building a stronger resource base and an improved ability to service customers. The deal is subject to Infinity Group shareholder approval, with a proposed completion date of 16 October 2007.

“This acquisition will enable us to effectively compete in today’s increasingly competitive, global marketplace, as Infinity Solutions’ full end-to-end capabilities, strong private sector customer base, and extensive footprint of office locations across the country, perfectly complement Fujitsu’s existing business in New Zealand,” said Rod Vawdrey, CEO, Fujitsu Australia and New Zealand.

“Our combined scale, industry knowledge and capabilities across consulting, application services and infrastructure is a solid platform for growth, providing a compelling, customer-focused alternative in a competitive market.”

Stuart Robb, CEO, Infinity Solutions, commented: “The merger with Fujitsu will significantly enhance the scope of what we can currently provide our customers today.

“Being part of the world’s third largest IT services company is not only a tremendous opportunity for our company but is great for our employees and their professional growth.”

Stuart Robb, who announced his resignation in August to join the New Zealand Rugby Union, will remain with the company until November to ensure a seamless transition of Infinity Solutions’ clients. The new management structure of the combined organisation will be designed to take full advantage of skills from both organisations, and will be announced pending finalisation of the structure of the combined organisation. -Fujitsu

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