JSE-listed Datatec has agreed to sell its Analysys Mason business for as much as £210-million, with the proceeds to flow directly to the group’s shareholders.
As part of an effort to unlock shareholder value, Datatec is in talks about a potential transaction involving its Analysys Mason subsidiary.
Datatec’s share price is in the dumps and the management team, led by CEO Jens Montanana, is thinking big to find ways of unlocking value.
Promoted | Telviva, the market leader in cloud-based communications for business, has announced the appointment of technology industry veteran Antony Russell to the position of chief technology officer.
Logicalis, the IT services arm of JSE-listed technology multinational Datatec, said on Wednesday that it has acquired Siticom, a “network transformation and modernisation specialist”, for an undisclosed sum.
JSE-listed international technology group Datatec said on Thursday that its subsidiary Logicalis Group has bought a 65% stake in Singapore’s iZeno, a specialist in digital transformation solutions.
JSE-listed international technology group Datatec has reported strong full-year results for the year ended February 2020, though the good performance happened before the impact of the Covid-19 pandemic.
JSE-listed technology services group Datatec is exploring the possibility of listing the Latin American arm of its Logicalis subsidiary on the Brazilian stock exchange, B3.
Logicalis Group, a subsidiary of JSE-listed technology group Datatec, has acquired two companies in Europe.
Datatec subsidiary Logicalis Group has acquired Mars Technologies, an IT services company with offices in Cape Town, Johannesburg, Durban, Port Elizabeth and East London employing 76 people.