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
Browsing: Jens Montanana
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
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 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
JSE-listed global technology distribution and services group Datatec, through its Logicalis subsidiary, is acquiring US-based Advanced Technology Integration Group for up to US$42m (about R525m) from a company called MCPc
JSE-listed technology group Datatec has acquired 100% of the issued share capital of Inforsacom Holding, a German information and communications technology services and solutions provider, for an undisclosed sum. That acquisition has been done through Datatec subsidiary Logicalis. In a brief statement
Johannesburg- and London-listed technology group Datatec has named its chief financial officer, Rob Evans, as its new operations director. He will take on the new role with effect from 1 June. Evans will be replaced in the finance role by Jurgens Myburgh, who will join Datatec
JSE-listed technology group Datatec’s largest subsidiary, distributor Westcon, has a new CEO. Dolph Westerbos will take the reins on 1 January from Dean Douglas, who is leaving Datatec to take up another role. Westerbos is a joint US-Dutch national who
JSE-listed multinational technology group Datatec has reported a mixed earnings picture in its latest financial results as expected growth failed to materialise in the US, emerging markets were depressed and Europe showed signs of improvement. It is also blaming the implementation of a business management