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Clearview sees Asia-Pacific future after Zivo buyout

By Nicholas Bryant

Thursday 20th April 2000

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Web company Clearview is to be known as Zivo New Zealand from today as it becomes part of its new owner's Asia Pacific network.

Clearview, a company started by local entrepreneur Ken Westlake, was sold to Zivo in August last year for $8.34 million.

It is an "end to end" web integration company, which means it offers a wide range of services to companies wishing to get on the internet.

Zivo's chief executive Jeff Lewis, who is looking for other Asian purchases, said he wants to make the company the best of its type in the region.

"Asia Pacific has the web's fastest growing consumer audience and needs sophisticated web solutions. The Asian meltdown meant it's coming on a little late but much harder than in other regions," he said. Since March last year when it was bought by parent company Liberty One, Zivo has bought another Australian operation, IRG, as well as Clearview in this country, Netpower in Hong Kong and Bangkok's xIBA.

It is also on the verge of taking equity stakes in Tokyo and Seoul for new offices and is investigating options in China and Taiwan.

"With local expertise and a wide reach into Asia we're in a very strong position to deliver clear, measurable results," Mr Lewis said.

Bond Offer: Infratil Ltd, 7.2 year & 10.2 year unsecured unsubordinated bond


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