Australian IT security company, Redcore, has acquired one of the firm’s contracted by IBM to assist in the rollout of the National Broadband Network (NBN), Planwell Technology.
IBM subcontracted Planwell Technology, which operates throughout the Asia Pacifica region, after it won an NBN Co contract in March to implement operations support systems.
Under the three year contract, IBM is the prime systems integrator and will provide consulting services, integration, application support services and software solutions.
Following the acquisition, Planwell will operate “business as usual” as a division of Redcore and will retain its brand and services.
It is not clear whether the contract between IBM and Planwell will experience any change as a result of the acquisition; Computerworld Australia had not received a response from IBM at the time of publication.
Redcore maintains offices on the east coast of Australia, in New Zealand and in the Philippines, providing services to approximately 60 companies in the region as well as government agencies.
Redcore partner and joint managing director, Joseph Failla, said the acquisition was key to extending the company’s capabilities in managing security and IT infrastructure end-to-end across the Asia Pacific region.
“Redcore’s strategic focus on deploying large, mission critical systems will be retained, as both Planwell and Redcore provide IT service management, core network and security for some of the region’s largest government and corporate IT operations,” Failla said in a statement.
A Redcore spokesperson would not disclose the cost of the acquisition.
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