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
Browsing: Jens Montanana
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
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
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.
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.
Johannesburg- and London-listed technology group Datatec is on track to produce revenues of between US$4,1bn and $4,2bn by the end of its financial year. In an interim management statement released to shareholders on Thursday, the company said the recovery of global markets had driven an improved half-year for the technology business over the same period last year.
Johannesburg- and London-listed IT group Datatec’s has managed to keep profit margins relatively stable and grow its cash balance strongly,…
Johannesburg- and London-listed IT group Datatec, has acquired BDA Connect, a 15-man management consulting business based in New Delhi, India,…
JSE-listed multinational IT group Datatec has wrapped up its acquisition of Asia-Pacific’s Netstar Group and has issued 5,4m new shares…
JSE-listed multinational IT group Datatec has continued to weather the worldwide economic recession well and is on track to deliver…