Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Hansen Technologies Limited    HSN   AU000000HSN3

HANSEN TECHNOLOGIES LIMITED

(HSN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Hansen Technologies Limited : Hansen buys Irdeto Inc.’s Customer Central Pay TV billing and customer care product division

share with twitter share with LinkedIn share with facebook
share via e-mail
01/01/2013 | 06:08pm EDT

Hansen Technologies Limited (ASX: HSN) is pleased to announce the acquisition of the Pay TV billing and customer care product ("ICC") division of Irdeto Inc. with effect from 1 January 2013.

Irdeto Inc., a leader in conditional access and security solutions for the media and entertainment industry, is a wholly owned subsidiary of Naspers, a multinational group of media and e-commerce platforms listed on the South African stock exchange (JSE: NPN).

The acquisition of the ICC billing software suite of products represents a complementary addition to Hansen's existing billing and customer care business solutions in the telecommunications market and extends Hansen's activities into the media and entertainment industry. In particular, Hansen expects its telecommunications billing experience to be valuable to ICC's Pay TV customers as they move from a one-screen household model, to a multi-screen model incorporating the internet, mobile tablets and smartphones.

ICC's customers are located in over 40 locations around the world, with a growing involvement in new emerging markets. With offices in Carlsbad, California and Shanghai, China and personnel strategically located in Argentina, South Africa, India and the Netherlands, ICC represents an extension of Hansen's geographic areas of influence, representing the potential for Hansen to leverage its broader business activities and products into these new markets.

After integration ICC is expected to represent 25% of Hansen's total revenues. Initially the acquisition of ICC is expected to be marginally earnings accretive with the expectation that after a settling in period the EBITDA and cash return generated will steadily increase.

The purchase is being funded entirely from Hansen's existing internal cash resources.

About Hansen Technologies Limited

Hansen Technologies Limited is a leading provider of proprietary billing solutions and IT outsourcing services. Its flagship HUB billing software solutions have application across the Telecommunication, Electricity, and Gas and Water industries. HUB is increasingly providing the solution for the needs of energy companies as the push towards market deregulation expands and into telecommunication companies as they pursue convergence and rationalisation. Hansen provides facilities management and outsourcing services from its purpose-built data centres located in Melbourne. Hansen also supports the Classic Superannuation administration solution. Founded in 1971, Hansen has offices in Australia, United Kingdom, United States and New Zealand.

For further information contact

Mr Andrew Hansen                           Mr Grant Lister
Managing Director                            Company Secretary
Hansen Technologies Limited           Hansen Technologies Limited
61 3 9840 3000                                61 3 9840 3000

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on HANSEN TECHNOLOGIES LIMITE
03/04HANSEN TECHNOLOGIES LIMITED : Ex-dividend day for interim dividend
FA
01/27HANSEN TECHNOLOGIES : Entelios expands relationship with Hansen Technologies int..
PU
01/08HANSEN TECHNOLOGIES : Sigma Systems Partners With Australia's Vocus Communicatio..
PU
2019HANSEN TECHNOLOGIES : Director Appointment/Resignation
PU
2019HANSEN TECHNOLOGIES : Lumme Energia signs significant CIS solution contract with..
PU
2019HANSEN TECHNOLOGIES : Nordic Energy Leader Gasum selects Hansen Technologies for..
PU
2019HANSEN TECHNOLOGIES : 78 Per Cent of CSPs See Automation in Service Fulfillment ..
BU
2019HANSEN TECHNOLOGIES LIMITED : Ex-dividend day for final dividend
FA
2019HANSEN TECHNOLOGIES : Shells Out AUD 166 Million To Acquire Toronto Based Sigma ..
AQ
2019Hansen Technologies acquires Sigma Systems for $117m
AQ
More news
Financials (AUD)
Sales 2020 303 M
EBIT 2020 39,8 M
Net income 2020 21,4 M
Debt 2020 128 M
Yield 2020 2,16%
P/E ratio 2020 27,4x
P/E ratio 2021 21,8x
EV / Sales2020 2,29x
EV / Sales2021 2,16x
Capitalization 565 M
Chart HANSEN TECHNOLOGIES LIMITED
Duration : Period :
Hansen Technologies Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HANSEN TECHNOLOGIES LIMITE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 4,13  AUD
Last Close Price 2,85  AUD
Spread / Highest target 57,9%
Spread / Average Target 45,0%
Spread / Lowest Target 36,8%
EPS Revisions
Managers
NameTitle
Andrew Alexander Hansen Chief Executive Officer, Executive Director & MD
David Dundas Trude Chairman
Cameron Hunter Chief Operating Officer
Graeme Taylor Chief Financial Officer
Bruce Geoffrey Adams Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
HANSEN TECHNOLOGIES LIMITED-25.00%346
ACCENTURE-19.35%103 759
INTERNATIONAL BUSINESS MACHINES CORPORATION-15.75%95 975
TATA CONSULTANCY SERVICES-15.60%90 831
AUTOMATIC DATA PROCESSING, INC.-22.94%56 724
VMWARE, INC.-20.60%48 380