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NZTech’s CEO on what Apple’s latest acquisition means for us

Friday, November 3rd, 2017

It was big news in the Kiwi start up community last week when Apple confirmed it would acquire Auckland start up PowerbyProxi.

And NZTech’s CEO Graeme Muller says that the deal is confirmation that New Zealand is on the right track to become a global tech story – and be known for our technology just like we are for tourism.

“When the world’s largest tech firm purchases our technology, in this case PowerbyProxi, we know we are on the right track, doing some great things,” adds Muller.

“The purchase of PowerbyProxi by Apple is another sign of the growing strength of New Zealand as a leader of tech innovation. The top 200 tech exporters are now selling more than $7 billion a year into offshore markets while employing thousands of Kiwis here in New Zealand.”

Muller says employment across New Zealand’s tech sector increased by 22% between 2015 and 2016 and now accounts for 6% of the national workforce.

To read the full article click here.