By Justin Hendry on May 7, 2021 7:00AM
Extends deal for $235 million.
The Department of Home Affairs will maintain its IBM mainframe for at least another four years, as it continues to investigate how best to modernise the legacy infrastructure environment.
The super-department extended its mainframe deal with the IT giant until July 2025 last month at a cost of $234.9 million, bringing the total value of the contract to $924.2 million over 18 years.
Home Affairs uses its mainframe to host a number of the country’s mission-critical traveller, cargo and trade systems, which require high levels of reliability and availability.
The contract – which was first signed for $203.2 million in June 2007 and remains Home Affairs’ largest with IBM – last grew by $130 million when it was previously extended in June 2018.
Australian cyber security company and key Department of Defence contractor Penten is in front of potential private equity and trade buyers, seeking a capital injection.
By Justin Hendry on Apr 7, 2021 12:40PM
As Global Switch migration gets underway.
The Department of Home Affairs has struck a new five-year data centre hosting deal with Canberra Data Centres to support its migration from Global Switch’s Sydney-based data centre.
The $6.3 million contract, published last week, will allow the department to shift its remaining unclassified and protected-level data from the Chinese-owned facility by July 2022.
Home Affairs is one of several federal government agencies continuing to use Global Switch, which is no longer an approved data centre provider on the data centre facilities suppliers panel.
Others agencies continuing to use Global Switch include the Australian Securities and Investments Commission and the Australian Digital Health Agency, which also plans to leave by mid-2022.
Sale of Tilt stake means another Infratil bid firmly off the table
16 Mar, 2021 04:30 AM
4 minutes to read
The sale of its Australasian renewables business means Infratil is unlikely to see another bid from AustralianSuper, analysts at Forsyth Barr predict, speculating the mega payday could mean additional returns to shareholders. On Monday, Tilt Renewables announced it had entered into an agreement, which would see it sold to an Australian consortium for $7.80 a share, valuing the company at close to $2.96 billion.
While the offer is subject to an independent review and regulatory approval, analysts seem to see little risk to the deal being blocked, with the sale price likely to meet or exceed valuation, and the structure of the offer meaning assets in New Zealand and Australia will be owned separately and both under local ownership.
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