NTT Com to Acquire 70% Stake in Frontline Systems Australia
By Ntt Communications Corporation Frontline Systems Australia Pty Ltd, PRNETuesday, May 10, 2011
TOKYO, Japan and SYDNEY, Australia, May 11, 2011 - NTT Communications Corporation (NTT Com) and Frontline Systems Australia
Pty Ltd (Frontline) jointly announced on May 11 that NTT Com will purchase
70% of the issued shares of the Australian firm, which provides IT
infrastructure, IT consulting and managed services.
The alliance will enable NTT Com to expand its range of high-quality
global ICT services to meet multinational companies' growing needs for
globally seamless, one-stop solutions for networks, infrastructure and cloud
provisioning.
Working closely with other NTT Group companies in Australia such as
Dimension Data, NTT Com will provide high-quality ICT services for
enterprises by integrating Frontline's server-related technologies with the
NTT Group's network-integration, software-development and maintenance
capabilities. NTT Com will also accelerate cloud services development by
utilizing Frontline's subsidiary Harbour MSP's data center-related
technologies.
Frontline is an experienced provider of ICT services, particularly those
related to server and database technologies. Harbour MSP has earned an
excellent reputation for its managed services and data center system
integration. The company was established in 1993 and has grown into
Australia's largest, premier infrastructure solutions provider, with
forecasted sales of AUD 277 million this fiscal year ending June 2011.
Frontline has data centers, warehousing and sales operations in Brisbane,
Sydney, Canberra, Melbourne, Adelaide and Singapore.
"As an organisation poised for further growth in the Australian market
and beyond, Frontline views the involvement of NTT Com as an investor with
tremendous excitement," expressed Steve Murphy, CEO of Frontline. "The
alliance will mean that Frontline is bolstered by NTT Com's depth of
knowledge and resources in networking and communications, while we continue
to extend service offerings beyond our core strengths in infrastructure and
managed services."
"This acquisition confirms and fortifies our strategy to be the ICT
partner of choice both globally and now locally in Australia and New Zealand.
The addition of the managed IT infrastructure professionals at Frontline
Systems and its subsidiaries is a perfect complement to our subsidiary NTT
Australia's well-established network business serving the rapidly evolving
enterprise cloud market in the ANZ region," said Sadao Maki, Senior Executive
Vice President of NTT Com.
About NTT Communications Corporation Please visit www.ntt.com/index-e.html About Frontline Systems Australia Please visit www.frontline.com.au
NTT Communications Corporation, Mr. Tomohiko Kano or Mr. Ken Araki, Corporate Planning Department, Tel: +81-3-6700-4601, e-mail: global-cp at ntt.com, Frontline Systems Australia, Mr. Greg Wade, Marketing Communications Department, Tel: +61-2-9270-3427, e-mail: Greg.Wade at frontline.com.au
Tags: australia, Japan, Japan And Sydney, May 11, Ntt Communications Corporation; Frontline Systems Australia Pty Ltd, Tokyo