Browsing: Datatec

Datatec buys Netarx for $34m

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Datatec subsidiary Logicalis has acquired Netarx, a supplier of Cisco products and services in the US mid-west, for a maximum consideration of US$34m, to be settled with cash and deferred Datatec shares. Netarx, based in Detroit

SA tech execs – then and now

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When Dimension Data unveiled its new brand identity and logo last week, it released two separate images of its chairman, Jeremy Ord, one from the 1980s, the other more recent, to illustrate to staff why

Datatec buoyed by economic recovery

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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

Datatec buys UK’s Inca Software for £7,3m

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Logicalis, the IT services arm of JSE-listed technology multinational group Datatec, has acquired Inca Software from its parent Avisen in a deal worth £7,3m (R84m). Inca is the largest IBM Cognos partner in the UK

Datatec predicts return to growth

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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

Datatec’s Logicalis in new US buy

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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

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 to snap up the rest of Westcon

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JSE-listed multinational IT group Datatec has agreed to buy up the 2,6% of its subsidiary Westcon, which it does not own already, for US$14,2m. The group says the transaction will be conducted through Westcon itself