Datatec shares jumped by the most on record after the South African IT services company agreed to sell the North and Latin American operations of its Westcon-Comstor business for as much as $800m
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Datatec said on Tuesday that it has reached an agreement to sell subsidiary Westcon-Comstor’s operations in North America and Latin America for up to US$800m and 10% of Westcon-Comstor for $30m to US-listed IT supply
On TalkCentral this week, Duncan McLeod and Regardt van der Berg chat about Internet Solutions’ reported discussions to acquire Dark Fibre Africa. Also this week, Naspers to pump almost R1bn
International ICT company Datatec is in talks to sell a major share of subsidiary Westcon’s operations for more than US$800m. Datatec, which is listed on the JSE, with a secondary listing on London’s AIM, operates across three
Datatec’s share price was trading almost 10% higher on Friday afternoon after the company disclosed significant looming corporate action involving major subsidiary Westcon-Comstor. The Johannesburg- and London
Datatec subsidiary Logicalis has agreed to acquire Spain’s Lantares, a partner of IBM Cognos and professional services provider specialising in business intelligence and data analytics. In a voluntary
Former Datatec chief financial officer Ivan Dittrich, who left the JSE-listed global IT group in 2012 to take the same position at telecommunications group Vodacom, replacing Rob Shuter, is returning to his old job. Datatec said
Everyone is aware of South African IT success stories Dimension Data and Datatec, both which are now multibillion-dollar businesses serving clients in markets across the world. Now another technology company
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and