Tech company Endace back in Kiwi hands, repays $1.9 mln govt funding
By Fiona Rotherham March 11 (BusinessDesk) - Endace, which develops technology that measures, monitors and protects high-speed networks, is back in New Zealand hands after a management-led buyout from its American parent Emulex. The firm has also reached a settlement to ret...
Government invests $14.7M over 7 years in 'precision-driven' healthcare research
By Fiona Rotherham March 10 (BusinessDesk) - The government is investing $14 million over seven years into a $37.8 million public-provider research partnership to promote the new area of "precision-driven" healthcare, building on New Zealand’s expertise in the health IT sector...
Air NZ wins lost luggage case that threatened to disrupt Montreal Convention
By Fiona Rotherham March 9 (BusinessDesk) - Air New Zealand has won its legal action against a Disputes Tribunal decision that the airline contended had wider implications for the aviation industry and around 3.6 billion annual international travellers. The case centres on...
NZME boss Jane Hastings quits, as Australian owner considers options
By Fiona Rotherham March 9 (BusinessDesk) - News publisher and broadcaster NZME's chief executive Jane Hastings has resigned to “pursue other opportunities” after 18 months in the role as its Australian owner, APN News & Media, considers its options for the New Zealand busines...
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