The story
The New Zealand business was formed as a subsidiary of Television New Zealand Ltd (TVNZ) on 1 July 1989 as Broadcast Communications Ltd (BCL).
In 2003 TVNZ underwent a wide restructure from a State Owned Enterprise (SOE) to a Crown Entity with a dual commercial-(public service) charter remit, with the passing of the Television New Zealand Act 2003. BCL was split from TVNZ into a separate business entity. The new entity was named Transmission Holdings Limited (THL, THL Group), with the New Zealand broadcasting business continuing to operate under the name BCL, and was, and continues to be structured as an SOE.[1] THL took with it a significant proportion of TVNZ's debt with it, leaving the newly restructured TVNZ debt free. This high level of initial debt has impeded the business's operating performance in the early years of its inception.
In November 2006, the business, Transmission Holdings Limited Group (BCL, THLA, AAPCS) was rebranded to Kordia. The name "Kordia" is derived from the Latin word "accordia", meaning "harmony".
In June 2007 Kordia purchased telecommunications company and internet service provider (ISP) Orcon Limited for $27 million. In 2008 Kordia led Orcon's launch of the country's first local loop unbundled telephone and broadband services, with Orcon becoming the first New Zealand ISP to offer ADSL2+ broadband access. In April 2013 Kordia sold Orcon for an undisclosed sum to Vivid Networks, a consortium of businesspeople directed by Warren John Hurst. Less than a year later, John Hurst was facing bankruptcy and Orcon was sold to competitor Callplus in June 2014 for an undisclosed sum that was forecasted to be around $30 million.
In 1993, the company then known as BCL opened a Maritime Operations Centre (MOC), which provides safety of life at seas communications on behalf of Maritime NZ. Kordia continues to provide this service from the MOC based in Wellington. Today, Kordia's maritime operations is responsible for ‘NAVAREA XIV’ – an area of 50 million square kilometres, or nearly a quarter of the world's oceans. Kordia built, and now operates and maintains HF and VHF radio networks for maritime communications.
In 2013, New Zealand completed its transition to digital TV, marking the end of analogue TV transmission in New Zealand. New Zealand Broadcasting Minister Craig Foss switched off the Waiatarua TV Tower analogue transmitter at 2am on 1 December 2013, bringing to an end a three-year nationwide digital switch-over campaign.
In 2015, Kordia acquired Aura Information Security, a Wellington based cyber security consultancy founded in 2001. Kordia's then CEO Scott Bartlett said the acquisition would add to Kordia's existing capabilities in information security. In 2017, Aura was named best security company at the iSANZ awards in 2017 and 2018.
In 2020, Kordia acquired Emerging Technology Partners, an Auckland-based boutique cloud consultancy, to increase its cloud capabilities.
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In 2021, Kordia announced it was buying Auckland-headquartered Base2. Base2 offered managed IT, network, and security solutions with a cloud competency focused on the Microsoft ecosystem, Adobe, and other vendors, as well as certifications in Cisco, Azure, AWS, VMware and CompTIA, among others.
In July 2021, Kordia announced that it had acquired cyber security managed services provider SecOps NZ. The purchase saw Kordia increase its managed cyber security offering in the New Zealand market, as well as the establishment of a Cyber Defence Operations.
In September 2021, Kordia announced that it was divesting its Australian contracting business, known as Kordia Solutions Australia. Kordia Solutions Australia was purchased by Australian infrastructure service provider Ventia.
From Wikipedia’s article on Kordia, shared under CC BY-SA 4.0.4