ASX-listed system integrator Empired Limited has acquired Western Australian firm Conducive for $7.95 million, in a move that will enable it to provide a broader range of IT services – particularly to companies in the energy and natural resources sectors. The acquisition – which is forecast to deliver about $9.5 million in revenue to Empired this financial year – provides the company with expertise in geological data management and modelling systems, mining systems integration and scheduling and planning systems. The purchase price will be satisfied through the issue of five million fully paid ordinary Empired Limited shared plus three cash payments. “The acquisition of Conducive is a game change for Empired’s applications business,” Empired MD Russell Baskerville said in a prepared statement. “It significantly expands our capability and our addressable market for multi-year managed services contracts that we can now contest. “Further, it enhances our value proposition to existing clients and will allow Empired to capture a large proportion of their planned budgets in these areas.” Perth-based Empired will add 54 staff to its roster of more than 275 employees serving customers in the corporate, resources and government markets. Follow CIO Australia on Twitter and Like us on Facebook… Twitter: @CIO_Australia, Facebook: CIO Australia, or take part in the CIO conversation on LinkedIn: CIO Australia Related content opinion Website spoofing: risks, threats, and mitigation strategies for CIOs In this article, we take a look at how CIOs can tackle website spoofing attacks and the best ways to prevent them. By Yash Mehta Dec 01, 2023 5 mins CIO Cyberattacks Security brandpost Sponsored by Catchpoint Systems Inc. Gain full visibility across the Internet Stack with IPM (Internet Performance Monitoring) Today’s IT systems have more points of failure than ever before. Internet Performance Monitoring provides visibility over external networks and services to mitigate outages. By Neal Weinberg Dec 01, 2023 3 mins IT Operations brandpost Sponsored by Zscaler How customers can save money during periods of economic uncertainty Now is the time to overcome the challenges of perimeter-based architectures and reduce costs with zero trust. By Zscaler Dec 01, 2023 4 mins Security feature LexisNexis rises to the generative AI challenge With generative AI, the legal information services giant faces its most formidable disruptor yet. That’s why CTO Jeff Reihl is embracing and enhancing the technology swiftly to keep in front of the competition. By Paula Rooney Dec 01, 2023 6 mins Generative AI Digital Transformation Cloud Computing Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe