Oakton - News, Features, and Slideshows

News

• DiData buyout of Oakton approved

  Consulting and technology firm, Oakton Ltd, has confirmed the company’s acquisition by information technology services company, Dimension Data, had been given the go ahead by the Supreme Court of Victoria.

• Agile pays off for Coates Hire

  Agile development methodology was key to the successful implementation of a new online equipment management tool for Coates Hire.

• Dimension Data Australia to acquire Oakton for $171 million

  Dimension Data Australia has entered an agreement with Oakton (ASX: OKN) to acquire 100 per cent of the company's shares for approximately $171 million.

• ING Direct unveils new mobile banking app

  Online bank ING Direct has updated its mobile banking capabilities with a new app that lets users view their balances across all accounts before logging in, and transfer money to anyone in Australia with email or SMS notifications.
  

• Q&A: Australian Leisure and Hospitality Group’s IT Manager

  Australian Leisure and Hospitality Group’s (ALH) IT manager, Rick Coenen, talks about the IT challenges that come with working in the hospitality sector.

• Australian Leisure and Hospitality Group saves $200,000 on data warehousing costs

  The Australian Leisure and Hospitality Group (ALH) has saved $200,000 a year after moving its data warehousing from Oracle to Microsoft.

• Oakton FY11 profit slumps 35%

  IT service provider Oakton (ASX:OKN) has reported a 35% slump in FY11 profit, due to litigation costs and a worse than expected showing at its Victorian business.

• Oakton, Tenix disputes comes to $15m close

  Tenix Solutions IMES and Oakton have come to an agreement over an outstanding contract dispute — stretching back almost a year and a half — with Tenix today paying Oakton a $15 million settlement.

• Oakton forecasts $90m revenue in 2H11

  IT services company, Oakton (ASX:OKN), has projected revenue for 2H11 to be in line with the $90 million in revenue the company made in the first half.

• Ongoing Tenix dispute plagues Oakton financials

  Ongoing arbitration has adversely affected the first year financial results of ASX-listed IT consulting firm Oakton (ASX:OKN), causing a slump in earnings before interest, tax, depreciation and amortisation (EBITDA) of $2.1 million.

• Market briefs: Webfirm, Keycorp, QRSciences, Oakton

  Webfirm completes QDC IP buy; Keycorp announces directors' resignation; QRSciences changes name to Q Technology; Oakton ESOP options expire

• Oakton shares slump 15% on 1H guidance

  Shares in IT services and consulting company Oakton (ASX:OKN) fell 15.5 per cent on Wednesday, after the company advised it expects its 1H ebitda to be down year-on-year.

• Australian cloud market crowds up as Fujitsu moves in

  The Australian market for cloud computing services intensified further this week, with several major IT services firms releasing details of their push to win business from large organisations increasingly demonstrating an appetite for the next generation platform.
  

• Oakton records profit boost

  IT and consulting outfit Oakton (ASX:OKN) has recorded a major boost to its net profit after tax for the year ended June 2010, growing some 42 per cent year on year to $20.2 million.
  

• Oakton hits back at Tenix

  Oakton subsidiary, Oakton Services, has gone on the offensive, issuing proceedings in the Commercial Court of the Supreme Court of Victoria against Tenix Solutions IMES.