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Can you conquer the world from Christchurch? Two differing takes

PLUS: Video game trend bucks the trend.

Netherlands , Tauhara , New-zealand-general- , New-zealand , William-hamilton , United-kingdom , Wellington , The-hamilton , South-australia , Australia , Taupo , Philippines

Bentley Systems names new investor relations officer

Nasdaq-listed Bentley Systems, a US-based software development company, has appointed Eric Boyer as its new investor relations

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Seequent makes fourth acquisition since sale

The National Business Review Online is New Zealand's authority in breaking business news and analysis.

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Best for Bluelab in business export awards

Tauranga tech company the supreme winner in NZ International Business Awards.

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Another hot tech company sold offshore as US firm snaps up Dunedin's Timely in $100m+ deal

Another hot tech company sold offshore as US firm snaps up Dunedin's Timely in $100m+ deal
17 May, 2021 09:09 PM
6 minutes to read
Covid was a 'scary' and 'existential' threat to Timely's appointment-booking software business, CEO Ryan Baker says - but ultimately a tailwind as more more salons digitised. Photo / Supplied
Covid was a 'scary' and 'existential' threat to Timely's appointment-booking software business, CEO Ryan Baker says - but ultimately a tailwind as more more salons digitised. Photo / Supplied
Yet another hot tech company has been sold offshore, with Dunedin's Timely being bought by Denver-based EverCommerce.
Read More
It's the latest in a long-term trend, which seems to have accelerated recently. March saw three

Sweden , Auckland , New-zealand , Australia , Kumeu , New-zealand-general , United-kingdom , Punakaiki , Andrew-schofield , Ryan-baker , Investment-office , Punakaiki-fund

Editorial: Allbirds, Rocket Lab Nasdaq play shows Kiwi entrepreneurship is alive and well

Editorial: Allbirds, Rocket Lab Nasdaq play shows Kiwi entrepreneurship is alive and well
29 Apr, 2021 05:00 PM
3 minutes to read
Rocket Lab's new, larger, crew-capable Neutron Rocket, scheduled for its first launch in 2024. Video / Rocket Lab
Rocket Lab's new, larger, crew-capable Neutron Rocket, scheduled for its first launch in 2024. Video / Rocket Lab
NZ Herald
EDITORIAL:
It's amazing to think that two of this year's hottest new Nasdaq listings are likely to be companies founded and steered by New Zealanders.
But it shouldn't come as a surprise given this country's
rapidly evolving technology sector.
News that New Zealand-born shoe brand Allbirds is talking to banks ahead of a possible initial share offer in the US comes hard on the heels of Rocket Lab's confirmation last month of an upcoming listing.

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New Zealand game developer Ninja Kiwi sold offshore for $203 million

New Zealand game developer Ninja Kiwi sold offshore for $203 million
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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13 hot tech companies sold offshore: Did NZ benefit?

13 hot tech companies sold offshore: Did NZ benefit?
13 minutes to read
This month has seen two substantial technology companies sold offshore, with Auckland-based retail software firm Vend going to NYSE-listed Lightspeed for $450 million, and Christchurch geologic 3D modelling outfit Seequent acquired
by Nasdaq-listed Bentley Systems for $1.45b.
Backers were quick to claim that jobs would stay in New Zealand (Vend and Seequent employ some 400 locally between them) and that investors like Movac and Punakaiki Fund (Vend) and Pencarrow (Seequent) would recycle money back into the local tech ecosystem.
A look back at 13 past high-profile tech sales (from a field of many more) reveals that sometimes that happens … and sometimes it doesn't.

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Founder says Vend's $455m offshore sale will be good for NZ

Founder says Vend's $455m offshore sale will be good for NZ
12 Mar, 2021 04:45 AM
5 minutes to read
Vend founder Vaughan Fergusson began his company with a single customer - a clothing store in Remuera, but it was enough to gain the attention of early backer Sam Morgan. Photo / Jason Oxenham
Backers of Auckland-based retail software company Vend say its US$350 million ($455m) sale to a US competitor will be good for New Zealand.
The sale has potential to reignite debate about why so many Kiwi
tech companies end up in North American hands - particularly as it was announced within hours of news that Christchurch 3D modelling software outfit Seequent is being sold to Nasdaq-listed Bentley Systems for US$900m.

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$2 billion payday for investors in Seequent and Vend

Sale of Christchurch company Seequent and Auckland's Vend show sector can deliver big returns to the faithful.

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