CSG Limited was a publicly listed Australian-owned business technology company. Founded in 1988, in 2007 it was listed on the
Australian Securities Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...
. In 2020, it was taken over by
Fuji Xerox
Fujifilm Business Innovation Corporation (), formerly known as Fuji Xerox Co., Ltd., is a Japanese company specializing in the development, production, and sale of Xerography, xerographic and document-related products and services across the A ...
and integrated into
Fujifilm
, trading as , or simply Fuji, is a Japanese Multinational corporation, multinational Conglomerate (company), conglomerate headquartered in Tokyo, Japan, operating in the areas of photography, optics, Office supplies, office and Biomedical engine ...
with the brand retired.
History
In February 1999, a Connected Solutions Group was founded when several businesses in
Darwin merged.
In 2007, CSG was listed on the
Australian Securities Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...
and it expanded into the IT Services market. A year later, the company acquired the Commander Managed Services business in the
Australian Capital Territory
The Australian Capital Territory (ACT), known as the Federal Capital Territory until 1938, is an internal States and territories of Australia, territory of Australia. Canberra, the capital city of Australia, is situated within the territory, an ...
and won a
Government of the Northern Territory
The Northern Territory Government is the executive branch of the Northern Territory. The Government of Northern Territory was formed in 1978 with the granting of self-government to the Territory. The Northern Territory is a territory of the Co ...
contract to supply desktop and server management throughout the Territory. The business also expanded its print services business in regional
Queensland
Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...
.
CSG also acquired Change Corporation in 2007 and entered into the IT consulting and integration services market for AUS $20 million.
Seeking to have a national footprint, CSG terminated its relationship with
Fuji Xerox
Fujifilm Business Innovation Corporation (), formerly known as Fuji Xerox Co., Ltd., is a Japanese company specializing in the development, production, and sale of Xerography, xerographic and document-related products and services across the A ...
in favour of
Canon
Canon or Canons may refer to:
Arts and entertainment
* Canon (fiction), the material accepted as officially written by an author or an ascribed author
* Literary canon, an accepted body of works considered as high culture
** Western canon, th ...
but was subsequently required to give existing customers the option of remaining with CSG or novating to Fuji Xerox
A year later, CSG acquired the exclusive distributorship of Konica Minolta Business Solutions in New Zealand as the majority shareholders as well as acquiring the largest dealership of Canon devices in Australia.
In October 2011, a
takeover offer
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the acquisi ...
was received by the CSG board. Shortly thereafter, the company reported that other bidders had emerged. However, in December CSG announced that it was withdrawing from the process.
In July 2012, CSG sold the Technology Solutions business to
NEC
is a Japanese multinational information technology and electronics corporation, headquartered at the NEC Supertower in Minato, Tokyo, Japan. It provides IT and network solutions, including cloud computing, artificial intelligence (AI), Inte ...
. Subsequently, CSG undertook an extensive business restructure to stabilise the remaining print business and position it for future growth. CSG employed approximately 600 staff.
In October 2019, Fuji Xerox made a successful takeover offer for CSG. In February 2020, CSG was delisted from the Australian Securities Exchange and integrated into
Fujifilm
, trading as , or simply Fuji, is a Japanese Multinational corporation, multinational Conglomerate (company), conglomerate headquartered in Tokyo, Japan, operating in the areas of photography, optics, Office supplies, office and Biomedical engine ...
with the brand retired in December 2020.
Improving our service and support to CSG customers
Fuji Xerox
Fujifilm Business Innovation Corporation (), formerly known as Fuji Xerox Co., Ltd., is a Japanese company specializing in the development, production, and sale of Xerography, xerographic and document-related products and services across the A ...
18 December 2020
References
{{reflist
Companies based in Melbourne
Companies formerly listed on the Australian Securities Exchange
Fujifilm Business Innovation
1999 establishments in Australia
2020 disestablishments in Australia