An independent board established by Adapt IT to consider Huge Group’s unsolicited attempt to buy the software services group has appointed an independent expert to advise on whether the offer price is fair.
Browsing: IT services
Altron plans to sell its Altron Document Solutions, Arrow and People Solutions subsidiaries, which it has identified as non-core, CEO Mteto Nyati said on Wednesday.
IT services company Gijima said on Thursday that it has been given the green light by the Competition Commission to acquire rival T-Systems South Africa.
Huge Group has launched a takeover bid for fellow JSE-listed technology company Adapt IT. The all-share bid, at an offer price of R5.52/share, does not enjoy the explicit support of Adapt IT’s board.
Former Dimension Data Group CEO Jason Goodall, who was appointed as CEO of Dimension Data parent NTT Ltd in mid-2019, will step down from his executive responsibilities next year.
Promoted | In this podcast, Velocity Group’s Jonathan Kropf and HPE Financial Services’ Anton Pauw explore why businesses need to rethink how they finance their technology assets in the wake of Covid-19.
Podcast | For the past two years, Stephen van Coller has been holding down one of the toughest CEO jobs in South Africa – attempting to lead IT services group EOH Holdings out of dire straits.
Scandal-plagued IT services group EOH Holdings has turned in a significant improvement in full-year results, with the total headline loss per share in the period ended 31 July 2020 reduced by 72%.
Former EOH executive Jehan Mackay has taken centre stage in corruption allegations involving payments to senior ANC figures, including Zizi Kodwa and a former personal assistant to ex-President Jacob Zuma.
EOH Holdings CEO Stephen van Coller testified at the Commission of Inquiry into State Capture on Monday. Watch the testimony here, with visuals courtesy of SABC News.