Datatec, SA’s biggest listed technology group, said on Tuesday that its subsidiary, Westcon, had acquired Sentronics, a local value-added distributor of security systems. Datatec did not disclose the value of the deal. Westcon is Datatec’s biggest subsidiary
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SA’s largest listed technology group, Datatec, has turned in a strong performance in its 2011 financial year, growing revenue by 15% to US$4,3bn and headline earnings by 46% to $44m. It has
In the run up to its full-year results presentation next month, JSE-listed multinational IT group Datatec says it has continued to improve its performance with economic conditions improving
JSE-listed IT multinational Datatec is keeping the corporate action simmering. Just a day after saying it would conclude a new empowerment deal at its local distribution business
JSE-listed multinational IT group Datatec has sold 26% of its SA distribution business, Westcon SA, to the Mineworkers Investment Company for R28m.
Multinational IT group Datatec has continued to improve its performance in line with a recovery in the global economy, boosting revenue in the first half of its financial year by 19%, to US$2,13bn. However, CEO Jens Montanana says the group is looking
Datatec subsidiary Logicalis has acquired Singapore-based unified communications business Touchbase for an undisclosed amount. JSE- and London-listed Datatec says Touchbase has annual revenues of around US$8m. Touchbase will be integrated into Logicalis’s Singapore operation.
JSE- and London-listed IT group Datatec has acquired security distributor Biodata IT for an undisclosed amount. The group plans to merge Biodata IT with its Westcon business in line with its strategy boost its presence in the IT security market.
In a bid to strengthen its own distribution business, London- and Johannesburg-listed IT group Datatec is making a play for local distribution business Comztek. Datatec says it has made a R97m offer to Comztek’s shareholders for 100% of the business. According to Datatec’s statement, part of the offer will be paid in cash and the rest in new Datatec shares.
JSE-listed multinational IT group Datatec has continued to weather the worldwide economic recession well and is on track to deliver…