Kami Takes Controlling Stake in New Zealand's Fastest Growing Software Firm

Wednesday, 21 August 2024, 19:50

Kami takes a controlling stake in New Zealand's fast-growing software firm at a $300 million valuation. This strategic move signals growing interest from American investors in NZ tech. With this acquisition, Kami aims to expand its online tools that are already used by millions worldwide.
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Kami Takes Controlling Stake in New Zealand's Fastest Growing Software Firm

Kami Takes Controlling Stake in NZ Software Firm

Kami takes a controlling stake in New Zealand's fast-growing software firm at a $300 million valuation. This acquisition is indicative of the rising trend among American firms to invest in New Zealand technology companies. Under this deal, Kami focuses on bolstering its influence in the educational sector.

Key Highlights of the Acquisition:

  • Valuation: $300 million
  • Profit Margin: Crown agency makes $37 million profit
  • Expanding market share across continents

The acquisition allows Kami to enhance its online tools which are already being utilized by millions of teachers and students around the globe. This strategic move underlines the increasing investment flow into New Zealand's technology landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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