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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 ....

New Zealand , New Zealand General , United Kingdom , Andrew Schofield , Bryan Baker , Investment Office , Punakaiki Fund , Companies Office , Hoku Group , Ninja Kiwi , Nasdaq Listed Bentley Systems , Overseas Investment Office , Will Berger , Mary Haddock Staniland , புதியது ஜீலாந்து , புதியது ஜீலாந்து ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , ஆண்ட்ரூ ஸ்கோஃபீல்ட் , ரியான் ரொட்டி சுடுபவர் , முதலீடு அலுவலகம் , நிறுவனங்கள் அலுவலகம் , ஹோகு குழு , நிஞ்ஜா கிவி , நாஸ்டாக் பட்டியலிடப்பட்டுள்ளது பென்ட்லி அமைப்புகள் , ஓவர்‌ஸீஸ் முதலீடு அலுவலகம் , விருப்பம் பெர்கர் ,

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. ....

New Zealand , South Island , New Zealand General , San Francisco , United States , New Zealanders , Leonardo Dicaprio , Tim Brown , Barack Obama , Peter Beck , Punakaiki Fund , Rocket Lab , New Zealand Born , Peter Beck Founded , All Whites , Nasdaq Listed Bentley Systems , புதியது ஜீலாந்து , தெற்கு தீவு , புதியது ஜீலாந்து ஜநரல் , சான் பிரான்சிஸ்கோ , ஒன்றுபட்டது மாநிலங்களில் , நேரம் பழுப்பு , பராக் ஒபாமா , பீட்டர் பெக் , ராக்கெட் ஆய்வகம் , புதியது ஜீலாந்து பிறந்தவர் ,

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.

New Zealand , New Zealand General , United Kingdom , Stephen Harris , Investment Office , Technology Investment Network , Us App , Sweden Modern Times Group , Nz Game Developer Association , Modern Times Group , Ninja Kiwi , Overseas Investment Office , Bloons Tower Defence , Digital Goldfish , Nasdaq Listed Bentley Systems , Grinding Gear Games , Developer Association , Stephen Knightly , Kiwi Game Starter , New Zealand Made , Whistling Wizard , Game Starter , புதியது ஜீலாந்து , ஒன்றுபட்டது கிஂக்டம் , ஸ்டீபன் ஹாரிஸ் , முதலீடு அலுவலகம் ,

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. ....

New York , United States , New Zealand , New Zealand General , United Kingdom , Southern Cross , West Auckland , South Auckland , Selwyn Pellett , Ian Mccrae , Al Monro , Stephen Tindall , Chris Wilson , Pencarrow Seequent , Malcolm Dick , Greg Cross , Jason Oxenham , Peter Maire , Fady Mishriki , Peter Beck , Mark Callander , Jason Oxenham Callplus , Rod Drury , Annette Presley , John Holdsworth , Richard Robinson ,

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. ....

United States , New Zealand , New Zealand General , Ben Gracewood , Peter Thiel Valar , Mel Rowsell , Vaughan Fergusson , Lance Wiggs , Doug Hastie , Sam Morgan , Nick Cloete , Alex Fala , Punakaiki Fund , Growth Fund , Rocket Lab , Vocus Group , Macquarie Group , Wigg Punakaiki Fund , Pam Fergusson Charitable , North American , Nasdaq Listed Bentley Systems , Ralph Shale , Asset Management , Active Growth , Peter Thiel , Valar Ventures ,