Telecom's IT services subsidiary Gen-i has bought Computer Plus Otago (CPO), a Gen-i franchisee.
Gen-i says the move is part of the company's growth strategy, a "three-pronged approach of organic growth, strategic alliances and acquisitions".
Gen-i's southern region head Paul Deavoll says the merger is an extension of the existing partnership between the two teams in the region.
“CPO is a very successful business, with a consistent track record of growth and strong partnerships with a range of enterprise and corporate clients,” says Deavoll in a statement released yesterday. “It is the largest of our nine franchises, with strong IT capabilities across sales, support, procurement and technical expertise.
CPO had been placed on the market by its owner, Bryan Morton, and settlement is expected on 29 February.