Feb 15, 2018· ASX-listed hosting provider Bulletproof has accepted a $24.7 million all-cash offer from IT services provider AC3 to acquire the company. The pair …
In 2018, AC3 acquired leading public cloud services provider, Bulletproof. Founded in 2000, Bulletproof was most widely known for their pack-leading innovation, being the first in Australia to launch VMware public cloud services in 2006 and managed AWS services in 2012.
AC3's offer is 38 per cent higher than rival bidder Macquarie Cloud Services who offered a $17.9 million on 21 November 2017. Bulletproof's independent board rejected Macquarie's offer stating that it was not reflective of the company's true value and recommended investors support AC3's offer.
Feb 15, 2018· Bulletproof's board unanimously recommended shareholders accept the 15.2 cents-per share offer AC3 first made by AC3's in January to acquire 100 percent of the company. The AC3 …
May 25, 2018· Bulletproof told shareholders on 25 May that the court had approved the scheme through which Klikon Group Holdings, AC3's parent company, will acquire all of the issued shares in Bulletproof.
Feb 14, 2018· A bidding war has been kick-started to acquire listed IT services company Bulletproof, as Sydney-based private firm AC3 made an official offer of …
Jun 15, 2018· Fast forward to 2018 and Bulletproof has itself been acquired, by Sydney-based provider AC3 in a transaction valued at A$24.7 million following a six-month bidding war with Macquarie Cloud Services. "We plan to grow our market share in New Zealand," AC3 CEO, c, told Reseller News .
Jun 12, 2018· A desire to become one of the leading hybrid cloud partners in Australia was the main motivation behind AC3's decision to acquire Bulletproof. With the dust, and delisting, ...
These are all the companies that Bulletproof has acquired. Bulletproof's latest acquisition was in Sep 2015. Bulletproof Funding History. 2014 0 $1.5M $3M $4.5M $6M $7.5M $9M $7.1M. Since Bulletproof was founded in 2000, it has participated in 2 rounds of funding. In total Bulletproof has raised $7.1M. ... Shareholders approve AC3's AU$24.7m ...
May 01, 2018· Macquarie Telecom's proposal to acquire Bulletproof has expired, clearing the way for a higher-value bid from Sydney IT solution provider AC3. Bulletproof …
acquisition of Bulletproof by Klikon Group Holdings Pty Ltd (AC3). If the Scheme is approved, Bulletproof shareholders will receive a consideration of A$0.152 for each Bulletproof share they hold on the record date in accordance with the terms of the Scheme …
AC3 has completed the integration process of Bulletproof, completing a five month transition project following the provider's $24.7 million acquisition of the cloud specialists.
AC3 emerges as frontrunner to acquire Bulletproof After rejecting a AU$17.9 million takeover bid from Macquarie Telecom, Bulletproof has labelled an offer made by AC3 the 'most executable'. MacTel ...
Bulletproof has been acquired by AC3 in June 2018 and and official name change happened in April 2019. Bulletproof has been acquired by AC3 in June 2018 and and official name change happened in ...
May 18, 2018· Bulletproof shareholders have voted in favour of a scheme arrangement which will see AC3 acquire the cloud provider for $24.7 million. In total, 85 …
Jan 22, 2018· IT service provider AC3 has one-upped Macquarie Telecom's bid to acquire ASX-listed hosting provider Bulletproof by putting down a 15.2 cents cash per share offer for the company.
AC3 has completed the integration process of Bulletproof, completing a five month transition project following the provider's $24.7 million acquisition of the cloud specialists. The project spanned five core elements, covering go-to-market strategy; brand architecture strategy; customer value proposition; employee value proposition and organisational redesign.
Feb 09, 2018· Its effort to acquire Bulletproof was further complicated late last month when IT service provider AC3 came in with a higher bid for the company. AC3 offered 15.2 cents cash per share. Bulletproof ...
Jun 07, 2018· Under the deal, Bulletproof entered into a scheme of arrangement with its shareholders pursuant to which AC3 acquired 100 per cent of the shares in Bulletproof. Allens worked closely with Bulletproof's board of directors, financial advisers and share registry to close the deal, which follows an unsuccessful takeover bid by Macquarie Telecom ...
Nov 22, 2017· Macquarie Telecom to acquire fallen Fast Starter Bulletproof for $18 million Yolanda Redrup Reporter Updated Nov 22, 2017 – 4.38pm, first published at 11.46am