Hills stories - Page 2

Three years of transformation and restructure have not been 'a smooth process' for Hills, but it has been 'absolutely' the right strategic decision.

Hills says the loss of its key supplier has impacted its latest financial results and will continue to impact the company into its FY2016 results.

Hills has signed a deal with cloud-based security and home automation services company Alarm.com to bring its smart home services to resellers.

Hills has warned a $94 million write-down of goodwill and assets will see the company log a net loss of around $86 million for FY15.

Hills has won exclusive distribution rights for video content analytics vendor Ipsotek across Australia and New Zealand.

Hills has further bolstered its network camera offerings, winning master distribution for IP surveillance company Vivotek.

Departure at the top for Hills as Ted Pretty steps down as CEO and managing director, following a ‘refinement’ of the distributor’s strategy.

Hills has taken out the Distributor of the Year award for Ruckus Wireless, after helping grow the vendor’s Australian revenues by 30% year on year.

Project delays across key sectors and lower Government spending impact Hills earnings.

"It is very much in line with our strategy to focus on delivering integrated solutions into trusted environments, of which security and its managed solutions are prime components."