Techday | New Zealand's Best Tech News Website

Citrix buys Wellington’s Beetil for $4.5m cash

The Channel Citrix Systems New Zealand, the local holding company of the global cloud-based IT services supplier, paid $4.5 million in cash when it snapped up Wellington’s Beetil Service Management last year.   Read More →

TeamTalk cuts annual earnings guidance

Telco Review TeamTalk, the owner of the CityLink fibre-optic broadband service, cut earnings guidance for a second time and is reviewing its management structure to try to bed in its Farmside Group acquisition.   Read More →

Wynyard seeks up to $70M to buy IP from Jade

The Channel Wynayrd Group wants to raise up to $70 million in a listing on the stock exchange next month to take control of its intellectual property and fund its growth aspirations.   Read More →

Novopay costs blew out as Talent2 and ministry ‘overwhelmed’

IT Brief IT firm Talent2 and the Ministry of Education were “unprepared and overwhelmed” by escalating problems with the Novopay payroll system for teachers.   Read More →

Xero becomes highest price local stock on NZX

IT Brief Cloud-based accounting firm Xero has toppled Port of Tauranga as the highest priced local stock on the NZX as it charts another notch in its belt, having more than tripled in the past 12 months.   Read More →

Xero chair and COO book million-dollar paydays

Featured The Channel Xero chairman Sam Knowles and COO Alastair Grigg cashed in some of their shares after a ‘black-out’ period ended when the company reported its annual result last week.   Read More →

Govt mulls cyber security awareness advisory group

Featured NetGuide The government is considering setting up an advice group on how to improve public awareness about the risks of cyber-security, as internet-based crime becomes increasingly prevalent.   Read More →

Rapid customer growth for Xero with continued financial losses

Featured Start-Up Xero, the cloud-based accounting firm, widened its annual loss in line with is guidance while using cash reserves to double revenue and paying customers.   Read More →

Rakon plunges deeper into the red

Featured IT Brief Rakon, which makes crystal oscillators used in smart phones and navigation systems, plunged deeper into the red after writing down the value of its Chinese and New Zealand units.   Read More →

9 quarters of Vodafone NZ losing customers

Featured Telco Review Vodafone lost a net 7,000 mobile customers in the first three months of the year, its ninth straight quarterly decline.   Read More →

Vodafone NZ’s general counsel Kreider keep $541k salary

Telco Review Vodafone New Zealand’s general counsel David Kreider has won a bid to keep his $541,000 a year job after the phone company’s acquisition of TelstraClear last year would have made him redundant in the subsequent restructure.   Read More →

Telecom’s Gen-i slims down with Davanti sale to management

Telco Review Telecom’s Gen-i has agreed to sell its Davanti Consulting business in a management buy-out the latest step to trim down IT services unit.   Read More →

Telecom earnings to be at bottom end of guidance

Telco Review Telecom said annual earnings will be at the low end of guidance because of competition in fixed-line sales and a margin squeeze at its Gen-i unit.   Read More →

Chorus lifts broadband connections as fixed lines edge down

Telco Review Chorus, the telecommunications network operator carved out of Telecom, lifted its number of broadband connections in the first three months of the year, even as its fixed-line connections edged lower.   Read More →

Huawei seeks to allay security concerns with NZ politicians

Telco Review Huawei Technologies founder and chief executive Ren Zhengfei has assured Communications Minister Amy Adams that the world’s second-biggest maker of networking gear poses no threat to cyber-security.   Read More →