ASX-listed managed cloud services company Bulletproof has acquired the business assets of New Zealand firm Cloud House, it announced today.
The move follows Bulletproof's acquisition of Infoplex in October and Panthacorp in late 2014.
Cloud House is an Amazon Web Services-focused cloud services company founded in 2007.
"We have been working with the outstanding team at Cloud House on a number of partnered opportunities for some time and we have always been impressed with the innovative, customer-focused capabilities of the Cloud House team,” Bulletproof CEO Anthony Woodward said.
“With great cultural alignment between the organisations already demonstrated, we believe the Cloud House team will feel at home within the wider Bulletproof Group and we're excited to welcome them aboard.”
The deal is worth NZ$1 million. The owners of Cloud House will join Bulletproof’s management team and may earn up to a further NZ$4.2 million based on performance targets through to 30 June 2017, Bulletproof said in a statement.