IT services company Business Connexion (BCX) has acquired ANCO-IT, a specialist provider of Oracle business solutions, for an undisclosed sum.
BCX CEO Isaac Mophatlane said the acquisition of ANCO, which was founded in 2006, is “significant” as it will give the company “immediate traction” in the Oracle applications market.
ANCO will become a business unit within BCX’s business solutions division.
The deal allows BCX to “immediately start driving Oracle application implementation at our large clients”, Mophatlane said.
“Business Connexion will now be able to offer services across the complete Oracle stack, including hardware, software, hosting, cloud and applications,” he said.
BCX was itself acquired recently, by Telkom, in a R2,7bn all-cash deal that led to its delisting from the JSE. — © 2015 NewsCentral Media