Networking hardware vendor NetComm has signed an agreement to acquire New Zealand-based Dynalink Modems and its interest in its subsidiary Askey Australia.
Dynalink has been established in
Askey
“The agreement reached between the parties to the acquisition, is subject to final due diligence and completion of a share sale and acquisition agreement” said David Stewart, Managing Director of NetComm Limited. “This acquisition will allow us to capitalise on synergies between the two operations and drive significant revenue and margin growth.
“NetComm has been investigating expansion into the
“The deal is a great way for NetComm to enter the
The acquisition is expected to result in immediate business gains for NetComm by increasing market share through Dynalink’s established presence among major ISPs in the Australian market.