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Amcom Telecommunications Ltd Completes Acquisition Of Acure Technology Pty Ltd

Thursday, 26 Sep 2013 08:25pm EDT 

Amcom Telecommunications Ltd announced that it has completed the acquisition of Acure Technology Pty Ltd. The acquisition was announced on August 22, 2013 for a consideration of $14.3 million. Amcom now has a total of 7 Data Centres in Perth with a total capacity of 650 racks, all connected via Amcom’s fibre network servicing Corporate and Government customers. The acquisition has been funded from existing bank facilities which have been increased to accommodate the acquisition with the maturity date of the bank facility extended to December 2016 and conservative gearing of 18%. 

Company Quote

0.04 +2.09%
1 Oct 2014