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Browsing: Altron
Netstar, a subsidiary of JSE-listed Altron, said on Monday that it has signed a joint venture deal with C Ahead Technology to offer insurance and fleet telematics in India.
South African Sigfox Internet of things operator SqwidNet has signed three major deals to roll out the technology in consumer and business applications.
Altron’s turnaround under CEO Mteto Nyati is gathering a head of steam. The JSE-listed technology group expects interim headline earnings from continuing operations to surge by as much as 52%.
Altron subsidiary Netstar has partnered with Dark Fibre Africa’s Internet of things business SqwidNet to roll IoT solutions in South Africa.
For the second time in less than five years, Altron has launched a major refresh of its brand identity. It last did this in early 2014.
Bill Venter has stepped down from the board of directors of the company he founded 53 years ago. He will step down as nonexecutive director effective 31 July 2018.
Altron has taken another big step in shedding its legacy industrial assets as the JSE-listed technology group transforms into an ICT-focused business.
Luring former MTN South Africa CEO Mteto Nyati to take over as CEO of Altron from Robbie Venter didn’t come cheap. Nyati was paid a R6.5-million sign-on bonus, the JSE-listed technology group’s annual report
JSE-listed technology group Altron has acquired Microsoft partner iS Partners in a deal worth R225m. The acquisition is subject to Competition Commission approval. Altron CEO Mteto Nyati said the deal gives








