RHEIS and Codec Merger

Posted on May 5, 2011 by Codec Admin  

RHE Infrastructure Services (RHEIS) and Codec Software are excited to announce a merger of the two companies

RHEIS CEO, Al Moore, says a strategic partnership over the past three years, and increasing mutual opportunities, means a merger now is logical. Moore sees benefits to both companies clients from a wider portfolio of services and increased capability base. Moore perceives this will be both non-disruptive and very complementary to existing clients and partners.

RHEIS is an IT services company, established in 1997. The RHEIS Management team undertook a buy-out of RHEIS in February this year, separating from RHE Group, and positioning itself as a locally managed business. Previously, its sister software company RHE & Associates entered voluntary receivership last year. RHEIS acquired and saw through RHE's customer contracts, to minimize the impact to their customers and staff.

Codec Software was established in February 2008 - 100% locally owned and operated. Moore will continue as CEO as Codec merges into RHEIS on 30 June 2011, and Wilson appointed as a director. Wilson is currently also CEO of SYL Research Ltd which will be demanding more of his time and focus as it is now releasing to market a semantic enterprise search engine.

Sean Wilson, CEO of Wellington-based Codec Software, agrees and adds that the established RHEIS Auckland CBD office provides a ready-made base for the increasing levels of business that Codec is now enjoying in that city.

Moore further adds that market feedback is positive for both RHEIS and Codec brands, therefore they will both be retained following the merger.

Moore will continue as CEO of the merged company from 30 June 2011, and Wilson is appointed as a director. Wilson also remains as CEO of SYL Research Ltd, a company specializing in Enterprise Search.

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