We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byDarlene Shackford
Modified about 1 year ago
www.anite.com PRESENTATION TO ANALYSTS NETWORK TESTING ACQUISITION: SIGNIFICANTLY EXPANDS ITS DATA ANALYTICS CAPABILITY © 2014 CHRISTOPHER HUMPHREY, CHIEF EXECUTIVE RICHARD AMOS, GROUP FINANCE DIRECTOR 3 OCTOBER, 2014
AGENDA 1.THE CONTEXT 2.TRANSACTION HIGHLIGHTS 3.SUMMARY 4.Q&A 5.APPENDICES © 2014 Page 01
ANITE NETWORK TESTING SOFTWARE SOLUTIONS For drive testing Nemo Outdoor For indoor / walk-testing Nemo Handy For outdoor benchmarking Nemo Invex For indoor benchmarking Nemo Walker Air For frequency scanning Nemo FSR 1 For remote control Nemo Commander For autonomous monitoring Nemo Autonomous For post processing & analysis Nemo Analyze For CEM Nemo CEM Solution Nemo CEM Observer Nemo In-Building Coverage Meter © 2014 Page 02
XCEED PLATFORM OVERVIEW Data Source Network Controllers OSS Drive Test (3rd Party) GIS Multi- technology Multi- vendor XYNERGY: ENTERPRISE WINDCATCHER: DESKTOP XYNERGY: ENTERPRISE WINDCATCHER: DESKTOP Intelligence Network Performance Customer Experience Management Customer Experience Management Network Optimisation Competitive Benchmarking Competitive Benchmarking Network Acceptance SaaS Right to Use Model Analytics © 2014 Page 03 XCEED TECHNOLOGIES INC., A US-BASED WIRELESS NETWORKS DATA ANALYTICS SOFTWARE COMPANY
Drive Test Indoor /Handheld /Autonomous Benchmarkers COMBINED ANALYTICS AND POST-PROCESSING PORTFOLIO CEM Solutions Nemo Analyze Desktop solution for analytics and trouble shooting Performance and simplicity for single user environment Optimised for drive-test teams and Nemo tool chain Scanners Data Collection Post-Processing and Analysis WindCatcher For analysis and optimisation, scalable desktop solution All data sources and all test tool vendors supported Feature rich catalogue product for global market Xynergy Enterprise level solution for operators BIG DATA approach OSS interface adaptation All data sources supported Integrated CEM and benchmarking data analysis Feature rich, customised to need Data Feeds OSS Probe © 2014 Page 04
£30m £20m Scanner Drive testing Indoor ANITE CORE MARKETNON-CORE MARKET Approx. Current Annual Market Size* Scale only approximate * Source: Anite Internal Estimates (September 2014) ** Currently Addressable Market Estimate for Anite Products £170m OperationalQuality £60m Benchmarking £850m CEM £85m CEM** £1b SON £240m Analytics Data Analytics** £120m EXPANDS NETWORK TESTING’S ADDRESSABLE MARKETS © 2014 Page 05
ANITE + XCEED: AN ENHANCED COMPETITIVE POSITION Drive Testing Optimisation Bench- marking Indoor / Handheld Autono- mous Data Analytics ScannersCEM Ascom SwissQual (R&S) Accuver Actix (Amdocs) Market leaderSignificant presence Limited presence © 2014 Page 06
1.Consistent with Anite’s strategy to reinforce its position as a global leader in wireless test solutions 2.Anite has a good track record of identifying, negotiating, completing and integrating acquisitions 3.Data analytics is a customer-driven extension of Anite’s core network testing market – Driven by the increasing complexity of mobile networks, the growth in mobile data traffic and increased demand for network analysis – QoE and CEM are becoming key differentiators for operators; network performance and coverage need to be constantly measured, monitored, analysed and optimised. ACQUISITION CONTEXT – STRONG STRATEGIC RATIONALE © 2014 Page 07
4.Transforms Anite’s strategic market position in network testing market – Strengthens our existing product profile with immediate, high quality product endorsements and reference sites – Reflects growing trend towards enterprise solutions; growth platform in high value market – More complete offering 5.Generates a stronger recurring revenue stream – Approx. 45% of Xceed’s revenues are from recurring maintenance, hosting and support; improves the revenue profile of Anite’s Network Testing business 6.Build on Xceed’s success in North America and extend its global product reach via global Network Testing sales channel and distributors 7.Win new Nemo Drive Testing business market share in North America ACQUISITION CONTEXT – STRONG STRATEGIC RATIONALE © 2014 Page 08
●Anite has acquired Xceed Technologies Inc. ●Consideration of $30m paid in cash upon closing on a cash free/debt free basis from Anite’s existing cash resources: – $5m retained in escrow – Up to $5m additional deferred cash consideration dependent on the achievement of revenue targets in the years ending 30 April 2015 and 2016 ●The acquisition is expected to be enhancing to Anite’s adjusted earnings per share in the current year ●Xceed is a good fit with Network Testing – Existing management being retained, led by founders – Headquartered in the US in Chantilly, near Washington D.C. – 55 employees and a small number of overseas contractors – Broad customer base with bias towards North American tier one customers – Privately held by 5 shareholders, 3 of whom are executive officers ACQUISITION HIGHLIGHTS – THE TRANSACTION © 2014 Page 09
●Results achieved on equivalent IFRS basis – 2013 revenue of $11.8m generating EBITDA of $1.6m – Gross assets being acquired amounted to c.$3.5m as at 31 August 2014. Net assets on completion are expected to be $1.7m – Strong recurring maintenance, hosting and support revenues ●Revenue and profit improvements expected – Win market share in the growth area of data analytics – Increased sales of WindCatcher and Xynergy via Nemo’s global sales and distributor network XCEED TECHNOLOGIES INC – FINANCIAL OVERVIEW © 2014 Page 10
●Xceed will be integrated within and will report as part of Anite’s Network Testing business ●Common Product Portfolio and Roadmap ●Xceed will become Anite’s ‘data analytics’ centre of excellence ●Full implementation of Anite systems, financial reporting, controls and processes ●Develop global sales in short-term through WindCatcher and long-term through Xynergy INTEGRATION PLAN © 2014 Page 11
ANITE NETWORK TESTING / XCEED COMBINED SALES NETWORK Nemo Sales France Nemo Sales China Network Testing Sales Network Testing Customer Support Nemo Sales Finland Nemo Support Finland Nemo Sales Hungary Nemo Sales Germany Nemo Sales UK Nemo Support France Nemo Sales UAE Nemo Support UAE Nemo Sales Russia Nemo Sales Singapore Nemo Support China Nemo Support Singapore Nemo Sales Brazil Nemo Support Brazil Nemo Sales Colombia Nemo Sales USA Nemo Support USA Xceed Sales Managers Xceed Sales USA Xceed Europe Xceed SAARC Xceed CALA Memo Sales India Nemo Support India Nemo Support USA Canada Central America Caribbean Islands Mexico Costa Rica Ecuador Peru Chile Argentina Brazil Venezuela and Guyanas Sub-Saharan Africa Ivory Coast Morocco Tunis, Algeria, Libya Egypt, Sudan Saudi Arabia India Sri Lanka Malaysia Indonesia Philippines Vietnam Thailand Taiwan China Australia New Zealand Pakistan Jordan,Syria,Lebanon,Iraq Israel Spain Switzerland Italy Germany Austria Czech Rep, Slovakia Hungary Poland Bulgaria Romania, Moldova Serbia Greece, Albania,Cyprus The Netherlands Network Testing Distributor © 2014 Page 12
SUMMARY © 2014Page 13
SUMMARY – EARNINGS AND BUSINESS ENHANCING 1.In line with Anite’s strategy to invest proceeds of Travel sale in growth opportunities in the wireless market 2.Strengthens the Network Testing business, creates a dedicated supplier with a more complete product offering and significantly increased global sales channel 3.Significantly enhances Network Testing’s product portfolio reflecting the growing trends and operators’ focus on QoE and CEM 4.We are buying significant technology expertise in a developing, high-margin growth market 5.Consideration payable from Anite’s existing cash 6.Earnings enhancing in the first full year of ownership 7.Retain financial resources for further investment in growth opportunities © 2014 Page 14
www.anite.com © 2014 ANITE PLC ANCELLS BUSINESS PARK HARVEST CRESCENT FLEET HAMPSHIRE GU51 2UZ UNITED KINGDOM +44 (0) 1252 775200 Page 15 THANK YOU
DISCLAIMER The information contained in this publication was obtained from various sources believed to be reliable, but has not been independently verified by Anite plc (“Anite”). Anite does not warrant the completeness or accuracy of such information and does not accept any liability with respect to the accuracy or completeness of such information, except to the extent required by applicable law. This publication is a brief summary and does not purport to contain all available information on the subjects covered. Further information may be available on request. This publication may not be reproduced for further publication unless the source is quoted. This publication is for informational purposes only and shall not be construed as an offer or solicitation for the subscription or purchase or sale of any securities, or as an invitation, inducement or intermediation for the sale, subscription or purchase of securities, or for engaging in any other transaction. This publication is not intended for use by private individuals. © 2014 Page 16
APPENDICES © 2014Page 17
●Selective product and IP acquisitions supplementing future organic growth in both Handset and Network Testing ●Strict financial criteria ●Closely related existing and adjacent growth markets ●Leverage customer relationships, sales channels and technology ●Likely to be smaller than Propsim ●Pipeline of opportunities; timing difficult to predict ●Track record identifying, negotiating, completing and integrating acquisitions ACQUISITION APPROACH REINFORCING ANITE’S POSITION AS A GLOBAL LEADER IN WIRELESS TEST SOLUTIONS © 2014 Page 18
© Lloyd’s Regional Watch Content Guide CLICK ANY BOX AMERICAS IMEA EUROPE ASIA PACIFIC.
© B & R Perfection in Automation. Your Partner for Integrated Automation Integrated automation solutions and process control technology for innovative.
Global Golf Equipment Market to 2019 The report focuses on global major leading industry players with information such as company profiles, product picture.
Chris Shaw PM (Azure) ME Chris Shaw PM (Azure) objectives Microsoft Azure Marketplace Building Cool Services and Applications is Easy takeaways Build.
Atos in a nutshell CEO: Thierry Breton, since 2009 $12bn annual revenue employees in 72 countries Among Top 7 IT Service Providers WW #2 in ITO.
XO International Partners Strong Relationships, Strong Connections.
Windows Azure Global Footprint video Inside a Datacenter
Global Printing Ink Market to Market Size, Growth, and Forecasts in Over 70 Countries “This comprehensive publication enables readers the critical.
Global Powered Lawn Mower Market to Market Size, Growth, and Forecasts in Nearly 70 Countries “This comprehensive publication enables readers the.
Global MAX Welcome to the world of…. About us We take pleasure in inviting you to become a member of Global MAX. We have two objectives: 1 st to provide.
ACE LIMITED A GLOBAL PREFERRED STRATEGIC PARTNER Sprinklers from an Insurer’s perspective. Copenhagen 24 – 25, June
Global Vitamin and Provitamin Market Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, 2018 Published.
What can we learn from the available data? Mike Palmedo June 9, 2014.
Windows Azure Inside a Datacenter video
© 2013 Ipsos. All rights reserved. Contains Ipsos' Confidential and Proprietary information and may not be disclosed or reproduced without the prior written.
Introduction DSV is a global supplier of transport and logistics services. DSV has offices in more than 70 countries all over the world and an international.
Copyright © 2007 Rockwell Automation, Inc. All rights reserved. Insert Photo Here RSLogix 5000 with FactoryTalk Activation Grace Period.
Supply Risk Monitoring Supply Risk Monitoring (SRM) Draws on global operational network, and analytical engine –SRM website provides quick overview.
2016 Global Manufacturing Competitiveness Index. 2Deloitte and US Council on Competitiveness I 2016 Global Manufacturing Competitiveness IndexCopyright.
With Global B2B Contacts COO mailing list, you can effectively reach the COO.
Light Metal Packaging Markets in the World to 2018 TELEPHONE: +1 (855)
Global Potassic Fertilizer Market to Market Size, Growth, and Forecasts in Nearly 60 Countries “This comprehensive publication enables readers the.
Global Aluminium Pipe and Tube Market to 2018 (Market Size, Growth, and Forecasts in Nearly 60 Countries) Published Date: Jul-2014 Reports and Intelligence.
Bed Linen Markets in the World to 2017 Bharat Book Bureau.
Aura Alliance Introduction v3.1. What is the Aura Alliance? Worlds largest alliance of Avaya Business Partners working together to provide global support.
The (IMG) Systems for Comparative Analysis of Microbial Genomes & Metagenomes: N America: 1,180 Europe: 386 Asia: 235 Africa: 6 Oceania: 81 S America:
Chief Security Officers List
IVPD Congress 04/05/ Objective.
Slide 1 Welcome Address Regulating Authorities E&P Service Industry E&P Operators.
1 d 2 w Award programme Example: NH Hoteles Launch March 2010 All users are entitled to a certificate as part of the PR/ marketing programme. Recently.
1 DESIGNING AN EFFICIENT EXPAT MANAGEMENT PROGRAMME Felicity Smith PepsiCo International 19 May, 2009.
LogNet Information Technologies PLC May Innovative software company of customer experience solutions for multiple verticals Core products include.
AZR211: What’s New in Windows Azure? Wade Wegner Blog: AZR211.
SAP plenary meeting, 09/07/01, Brussels Satellite Activity Organisation Entity involved in satellite activity.
Computer and Related Services An Industry Perspective Geneva September 2005.
Aviel Tenenbaum Executive Vice President, GS&M ECI Telecom in Brazil Brazil: Technological Innovation & investment Opportunities December 15, 2008 Tel.
Government Relations eBay Inc. Overview April 25, 2008.
Overview of the Singapore Economy 2000 –GDP = US$92 bil (0.9% of US economy) –Per Capita GNP = US$24,700 (ranked 19th in the world)
Investing in the UAE CH 10. Investing in the UAE Introduction Why Investing in Global Markets? 1. Additional investment opportunities 2. Growth potential.
1 A ‘single CSD access point to multiple market information AECSD Conference 9 September, 2010 Dan Kuhnel, Director, New Issues & Fixed Income Securities.
Global Nitrogenous Fertilizer Market to Market Size, Growth, and Forecasts in Nearly 60 Countries “This comprehensive publication enables readers.
916M smart connected devices were shipped in 2011 This is forecasted to double to 1.84B in 2016 ‘61% of global enterprises provide IT support for company-owned.
SAP Student Interest Group Pennsylvania State University.
Use this title slide only with an image SAP ERP Foundation rapid- deployment solution Concept, Scope, SAP Best Practices, Country Coverage.
Ipsos Training Center ITC Annual Report – /08/20151 Campus Report 2011 Ipsos Training Center.
Borrie & Co Tax Lawyers The Netherlands Maurice Kruidenier Firm facts: Located in Rotterdam, Amsterdam, Hilversum 120 staff, 10 partners.
Insurance products designed specifically for niche markets Profitable Partnership Opportunities.
Chief Accounting Officers Database List A chief accounting officer or a CAO plays a vital role in the organization as he/she is responsible for.
WINDOWS AZURE Joseph Landes General Manager, DPE Microsoft India.
© 2017 SlidePlayer.com Inc. All rights reserved.