Konica Minolta snaps up two Australian IT service providers

Konica Minolta Business Solutions Australia has acquired two local IT services companies, Stonebridge Systems and Knowledge Partners, as it works to overhaul its business model under its Transform 2016 strategy.

Integrated software solutions, managed services, and printer hardware company Konica Minolta Business Solutions Australia has acquired two Australian IT services providers for an undisclosed amount.

The company, a local subsidiary of Japanese tech giant Konica Minolta, announced on Wednesday its acquisition of enterprise content management provider Stonebridge Systems, and enterprise information management player Knowledge Partners.

Stonebridge Systems, which was established in 2009, has 30 staff members based in Australia, with offices in Melbourne, Sydney, Singapore, Hong Kong, and New Zealand. Knowledge Partners, which counts HP and OpenText among its partners, has offices in Brisbane, Melbourne, and Sydney.

The move to acquire the two companies is part of Konica Minolta's global Transform 2016 strategy, which is seeing the company shift its focus from providing products to including services and business solutions in its broader portfolio.

Konica Minolta Business Solutions Australia's director of strategic business expansion Shane Blandford said that having the two local IT services providers on board would help the company shift its focus in alignment with the transformation plan.

"After extensive research into the local market, we found the expertise of these two companies provided exceptional synergy with our existing scanning capability in capture and digitisation," said Blandford. "The result is to strengthen the position of Konica Minolta as a leader in providing managed content services to our customers."

Konica Minolta announced its Transform 2016 business overhaul last year. It is a three-year medium term business plan that is expected to run from fiscal 2014 to fiscal 2016.

"Last year, we doubled our sales revenue for software and services. We also registered record hardware sales results, which defied industry trends," said Konica Minolta Business Solutions Australia managing director Dr David Cooke in July last year. "We're focused on making Konica Minolta an agile and responsive business partner, in a technological sense and in terms of the way we service our customers.

"Transform 2016 provides a global imperative to continue and expand on this approach, and it's exciting to consider the future that lies ahead," he said at the time.