One of Australia’s largest digital services companies has collapsed into liquidation after operating for 15 years.
melbourne technology firm Exa Web Solutions, which specialises in website development and digital marketing, called in liquidators earlier this week, according to The Herald Sun.
Exa Web Solutions was founded in 2000 and employs around 350 web developers and digital marketers, according to its website.
Around 60 of those employees are based in Australia and have lost their jobs as a result of the liquidation.
The remaining employees, based in India and Thailand, are not affected because the company’s overseas operations have not been placed in liquidation.
Exa Web Solutions’ clients reportedly include The Cheesecake Shop, Ingham, the University of New South Wales and National Australia Bank.
Liquidator Glen Kanevsky, partner at Deloitte Australia, told The Herald Sun he is contacting the business’s customers to advise them of his appointment.
“We will do whatever we can within the context of the liquidation to minimise service disruption for customers,” Kanevsky said.
“We are working with the director to develop strategies to extract as much value as possible from the intellectual property…
