Browsing: Aquilon

Adapt IT shoots up on deal talks

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The share price of Durban-based technology services company Adapt IT shot up by more than 10% on Tuesday morning after it said it was in talks about a possible acquisition. The fast-growing company, which in August reported a 55% improvement in full-year headline earnings per share on the back of strong revenue

Adapt IT profits, revenue surge higher

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Durban-based technology services company Adapt IT has grown headline earnings per share by 55% to 34,55c in its 2014 financial year, which ended in June. That was on the back of a 34% rise in revenue to R406,3m and a 69% improvement in operating profit to R49,6m. On the

Adapt IT in R98m SAP buy

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JSE-listed Adapt IT has acquired a 100% stake in South African oil and gas consultancy Aquilon in a deal worth R98m. The acquisition will allow Adapt IT to expand into Africa’s fast-growing energy sector and strengthen its SAP solutions expertise. Aquilon