Kordia offloads Australian contracting arm to Ventia

Kordia offloads Australian contracting arm to Ventia
Chief executive Shaun Rendell is focusing Kordia's future on the cloud and cybersecurity. (Image: Supplied)
Henry Burrell
Kordia Group plans to sell Kordia Solutions Australia (KSA), its communications infrastructure business, to the Australian infrastructure service provider Ventia.The sale is subject to standard conditions and regulatory approval and is expected to be completed later this year.“The strategy of focusing back more in the cyber, in the cloud and the connectivity space is the right strategy for us as an organisation,” Kordia Group chief executive Shaun Rendell told BusinessDesk.A strategic review of state-owned Kordia’s portfolio l...

More Technology

Big dumb ideas to fix NZ's economy
Technology Free Business of Tech

Big dumb ideas to fix NZ's economy

Hamilton opens up about the We are Indigo / Manaaki v Callaghan Innovation story.

A creator-led answer to the mediapocalypse
Opinion

Peter Griffin: A creator-led answer to the mediapocalypse

Each wave of redundancies is hollowing out our mainstream media outlets.

Peter Griffin 13 Mar 2025
Rocket Lab looks to raise up to US$500 million
Markets

Rocket Lab looks to raise up to US$500 million

The money will fund acquisitions and general corporate and working capital purposes.

Rebecca Howard 12 Mar 2025