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Australian advisory and technology solutions provider Atturra has broken cover after media speculation it was poised to buy New Zealand-based cloud, hosting and managed services provider Plan B.
Noting recent media speculation, Australian Securities Exchange (ASX)-listed Atturra said it had an active merger and acquisition strategy and was in ongoing conversations with several companies. It also confirmed one of these companies was Plan B, now 40 per cent owned by Australia’s The Growth Fund.
“However, at this stage, the discussions between Atturra and The Growth Fund are preliminary and incomplete,” the company said.
“There is no guarantee or assurance that the transaction can be agreed and will proceed on terms acceptable to Atturra.”
Plan B CEO Frazer Scott declined to comment.
Atturra said it would keep the market informed in accordance with its ASX continuous disclosure obligations.
In 2016, Plan B bought New Zealand internet service provider Iconz and in 2020 it added Vodafone’s customer data centre.
Plan B has offices in Auckland, Wellington and Christchurch.