Browsing: Comztek

Xbox One gets South Africa launch date

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Microsoft will launch its much anticipated next-generation videogame and entertainment console, the Xbox One, in South Africa in September, distributor Westcon-Comztek has announced. The launch comes almost a year after Sony introduced its next-generation

Mustek unloads Comztek to Datatec

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JSE-listed computer assembler and technology distributor Mustek has sold its 41,8% stake in distributor Comztek to another JSE-listed IT company, Datatec, for R39,4m in cash and shares. Comztek’s only other major shareholder, its MD Paul Conradie – who also holds 41,8% of the equity

Westcon swaps empowerment partners

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JSE-listed multinational IT group Datatec has sold 26% of its SA distribution business, Westcon SA, to the Mineworkers Investment Company for R28m.

Mustek rejects Datatec offer

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Mustek has rejected a R101m offer from Datatec for distribution business Comztek, in which it holds a 41,8% stake. Datatec first announced its offer to buy Comztek at the beginning of September, offering R97m in its initial bid

Datatec turns to acquisitions

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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 acquires Singapore’s Touchbase

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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.

Datatec boosts presence in security market

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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.

Datatec makes R97m play for Comztek

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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.