Montech Holdings (ASX:MOQ) has received a $270,000 tax refund under the Australian Government’s Research and Development Tax Incentive Scheme.
Earlier this month, the company decided to proceed with the acquisition of cloud-focused software and service businesses Technology Effect Pty Ltd and Breeze Training Pty Ltd.
Technology Effect is a leading integrator that has been delivering IT services and solutions for almost 10 years and employs over 60 staff. The customer base is largely Queensland-based with a strong focus on mid-tier enterprises and public sector.
Breeze is a Sydney-based application integration company with over 20 employees. Its portfolio of offerings covers application development and cloud integration products and solutions.
Since its inception Breeze has worked closely with Microsoft. It recently won the 2014 Worldwide and Australia Microsoft Partner of the Year Award in three categories, Application Integration, Application Development and Health Partner of the Year.
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