An unnamed company has made a firm offer to acquire Wireless Business Solutions (WBS), the parent company of iBurst and Broadlink. WBS nonexecutive director David Hilewitz on Monday confirmed that an offer has been tabled, but declined to name the acquiring party, saying
Synaq’s nondescript offices near the Sandton CBD feel laid back and comfortable. A large blackboard near the entrance has scribbles all over it. These offices check all the boxes of a start-up, but this business is far too big, and a few years too old, to fall into the start-up category. It all started a few years
Dimension Data division Internet Solutions has announced it is acquiring MWeb Business as well as the core network assets of the MWeb Internet service provider business and Optinet. The businesses are owned
Thami Mtshali has stepped down as CEO of iBurst parent Wireless Business Solutions (WBS), with financial director Clinton Holroyd being named acting CEO. WBS nonexecutive director David Hilewitz confirmed a report on Wednesday that
The technology distribution business in South Africa has become “massively overtraded” and competitors are in a “race to the bottom” if they can’t diversify by entering complementary business areas. That’s the view of Miles Crisp, CEO of
Dimension Data Middle East and Africa chairman Andile Ngcaba has called on communications regulator Icasa and government to ensure that high-demand spectrum in the so-called “digital dividend” bands and at 2,6GHz are
Speculation has again surfaced that a deal between Dimension Data and MWeb is on the cards, eight months after TechCentral first reported on apparent preliminary discussions between the two companies. The speculation then went cold. This time around, though, the focus appears
Vodacom is going to face an uphill battle in its attempt to get regulatory approval for its R7bn acquisition of Neotel. Its competitors, who are already publicly questioning the legality of the deal, are likely to lobby for it to be scuppered or at the very least have strict conditions imposed on it. “It will be challenged
Dimension Data’s Internet Solutions is acquiring disaster recovery specialist ContinuitySA for an undisclosed sum. The deal means Internet Solutions will be able to meet demand from clients for full data recovery and business continuity services from a single provider, it said in a statement. “There are
Telkom’s second attempt in seven years at acquiring Business Connexion (BCX), the listed IT services group, will probably get the nod from South Africa’s competition authorities, analysts believe. Telkom on Thursday announced it had made a R2,7bn all-cash offer to buy out the JSE-listed IT services company. In 2004, Telkom bid
