Micronet Systems Australia, a developer of software solutions for the retail and wholesale industries, recently announced the acquisition of Queensland-based software company, ComputerLink Australia. Founded in 1979, ComputerLink develops and markets point of sale (POS), inventory management and debtor control software for newsagents, general retail and bookstores.
The acquisition will enable Micronet to offer a broader range of solutions in Australia, New Zealand, South Africa and the United Kingdom, in addition to the Pacific Islands. Under the deal, ComputerLink Australia will be wholly owned by Micronet Systems Australia, with the two brands co-existing in the marketplace and sharing resources.
“This acquisition will improve our ability to service our customers through greater geographic coverage and application of broader support skills,” says Drew Arthur, director of Micronet Systems Australia.
“Our ability to provide clients with an end-to-end technology solution, particularly in retail POS, will also be enhanced as we develop an interface between ComputerLink’s POS products and Micronet’s applications.”
ComputerLink pioneered the switch from paper-based to computerised accounts for newsagents as far back as 1985, using the first generation of IBM personal computers. Today, the company provides solutions covering all aspects of managing a retail business, including POS, stock control, ordering, marketing, customer management and reporting.
“The structure of the acquisition will see the ComputerLink brand remain, along with its portfolio of solutions,” adds Arthur.
“The number of industries we collectively cover will increase and we’ll be able to bring to bear Micronet’s sales and marketing infrastructure and expertise.”