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Nexion To Acquire BlueSky for 2M – By ARN

Nexion has acquired Australian telecommunications and network solution provider BlueSky Telecom for $2 million in shares. According to the publicly listed company, BlueSky has national customers across Australia and revenue of $2.9 million. Nexion claimed the deal will increase its recurring revenue base as a percentage of total revenue and that there “is a strong …

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Nexion Acquires BlueSky Telecom – By CRN

Colocation and networking provider Nexion has acquired Perth-based telecommunications provider Blue Sky Telecom for $2 million in stock plus earn-out incentives. Blue Sky is a national telco and network solutions provider with a focus on mine-site camps across Western Australia. Some of its offerings include an international Hosted Voice Platform; a Multiprotocol Label Switching (MPLS) …

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Nexion Makes Good On Prospectus Promise – By Stockhead

Nexion’s expansion has continued since IPO, with the acquisition of Blue Sky Telecom that will increase recurring revenues and accelerate its growth. Hybrid cloud provider Nexion Group (ASX:NNG) is making headway toward its expansion strategy, announcing the acquisition of Blue Sky Telecom, a Perth-based telecommunications and network solution provider. The acquisition delivers on Nexion’s strategy outlined in …

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Nexion to build Aukland SD-WAN node – By Eminetra

Australian technology solutions company Nexion has signed a contract with US SD-WAN vendor Aryaka to deploy Network Point of Presence in Auckland. Perth-based cloud service providers will significantly enhance their hybrid cloud services by deploying a third Aryaka network node in the Australia and New Zealand regions. Known as the OneCloud node, this deployment enhances …

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Nexion to build Aukland SD-WAN node – By Reseller News

Australian technology solutions company Nexion has signed an agreement with US SD-WAN vendor Aryaka to deploy a network point of presence in Auckland. The Perth-based cloud services provider will deploy the third Aryaka network node in the Australia and New Zealand region, giving it a significant boost to its hybrid cloud offerings. Known as the …

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Why the Nexion Share Price Is Raising 8% Higher – By The Motley Fool

The Nexion Group (ASX: NNG) share price is racing higher following a multi-million deal signed with IBM Australia Ltd (NYSE: IBM). During the late afternoon trade, the information technology service provider’s shares are up 8.3% to 33 cents. It’s worth noting that when the market opened, the Nexion share price hit an all-time high of 41 cents. What’s the deal? According to …

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Nexion Group Signs Deal with IBM – By Money Morning

Last week I talked about 5G Networks’ big government win. With the company announcing a commitment from the SA government for ongoing development of their cloud capabilities. A sign of the times, you could call it. Just another example of the ongoing digitisation we’re seeing from both the public and private sector. Well, today we’ve …

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Nexion Group Officially Lists On The ASX – By ARN

Hybrid cloud services provider Nexion Group will begin trading on the Australian Securities Exchange (ASX) using the ticker NNG on 18 February. The Perth-based company lodged a prospectus in November last year looking for a $22.3 million market capitalisation and offering 40 million shares at $0.20 each, which led to it successfully raising $8 million. At the …

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