Cape Town - Electronics and electrical engineering company
Reunert [JSE:RLO] announced on Tuesday the merging of two key business units, Nashua
Communications and Nashua ECN.
The combined entity will trade under the name of Nashua
Communications and will be headed up by the current Nashua ECN managing
director, Andy Openshaw.
CEO Dave Rawlinson said: “This announcement is the
culmination of months of thought and discussion and has the full support of
both of the company’s management teams.”
Nashua Communications currently operates predominantly in
the local area networking (LAN) space offering on premise Communication and
networking solutions. Nashua ECN has a national IP-based network with points of
presence and data centres in all the major metropolitan areas and currently
operates in the voice, data and wide area networking (WAN) space.
“The rationale behind the merger is allowing a single team
to unlock the huge value of our complementary product offering and skill sets,
in a drive to offer a premier converged communication offering to the South
African corporate market,” Rawlinson said.
The new Nashua Communications will be in a position to offer
a host of voice, data and hosted solutions bundled together for on-premise,
purely cloud or hybrid scenarios.
The merger will be effective from the 1 October 2012 and coincide with the start of Reunert’s financial year, with the combined businesses set to generate over a R1bn of turnover with a staff count of roughly 600, Reunert said in a statement.