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Articles by Gruden Group
MCS locks in $3m security contracts
MCS Services has been awarded a security services contract for seven major shopping centres across Western Australia, while also securing contracts at two smaller centres in Perth, with a total value of about $3 million. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Threat in $8m SA buy
Security services provider Threat Protect Australia has continued with its acquisition growth strategy, purchasing a South Australian security monitoring business for about $8 million.
Swift soars on strong results
Shares in telecommunications provider Swift Networks rose nearly 10 per cent today after the company released strong preliminary half year results that show increasing revenue growth and profit margins. To read more, please Login or Register below
DTI in $9.5m US contract
Perth-based technology company DTI Group has won a $US7.2 million ($9.5 million) contract to install CCTV surveillance systems on light rail vehicles in the US over the next 18 months. The company will supply and install the technology on 115 existing LRVs in the North Texas transit agency, which will include a digital surveillance system, 13 high-definition cameras with 360 panoramic views of the passenger area.
Threat in east coast purchases
Security services provider Threat Protect Australia has spent $2.4 million buying two New South Wales security monitoring businesses as the Perth-based company expands its customer base on the east coast. The company purchase of Alpha Alarms and Seekers Security Management is expected to add over 2,100 customers in New South Wales, Victoria and Queensland. The acquisitions increase the number of direct lines monitored by Threat by 30 per cent to around 8,200.
ZipTel lands IP agreement
Local telecommunications company ZipTel has entered into an agreement with London-based Space Digital Media for the provision of its intellectual property (IP) in exchange for a slice of revenues. ZipTel said today its IP would be integrated into SDM’s Convo App; a content-driven communication/social platform that is both a publisher and a platform for third party publishers. In exchange for the IP, ZipTel will receive a share of SDM’s revenues generated from Convo App over a 10-year period.
Swift wins work with aged care, LNG clients
Perth-based Swift Networks has won two contracts with clients in the aged care and offshore LNG markets for an undisclosed sum. Swift announced today it would provide its aged care entertainment content to Rosewood Care Group, one of Western Australia’s oldest residential and community providers, under a three-year agreement.
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