National reseller ComputerCORP has acquired Canberra-based computer equipment and networking services reseller CES Computers for an undisclosed amount.
The acquisition would boost the company’s presence in the ACT and follows its acquisition of Tasmanian IT procurement and services organisation XITE earlier this year.
ComputerCORP’s Canberra operation was established in May 2003 to facilitate a partnership with a global outsourcer.
Speaking to CRN, Hugh Smith, managing director at ComputerCORP, said the reseller would now have a full serviced office in Canberra and a team of 14 engineers and salespeople.
CES would also benefit from COmputerCORP’s direct relationships with Tier 1 vendors such as IBM, HP, Sun and Acer. “They will buy better as [part] of the group,” Smith said.
ComputerCORP is targeting sales revenues of between $150 and $160 million this financial year and expected to reach $250 million in turnover within three years, he said.
CES was owned by Ian Harding and Michael Rensch who have been partners since 1984. Harding has decided to retire and both men approached ComputerCORP to acquire the business.
Rensch agreed to transfer across to ComputerCORP as part of the territory management team together with all 14 CES staff. CES was targeting to turnover between $10 and $12 million this financial year.
ComputerCORP buys CES Computers
By Byron Connolly on Oct 19, 2005 4:00PM