Johannesburg-listed multinational technology distribution and services group Datatec has reported a slight decline in headline earnings per share for its financial year ended 28 February 2013, despite a 4% improvement at the top line and a strong performance by its Logicalis subsidiary
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Logicalis, a subsidiary of JSE-listed multinational IT group Datatec, has agreed to buy the European subsidiaries, excluding the UK business, of 2e2 for €24m (US$31m) in cash and new shares. Logicalis will acquire the business from the administrators of 2e2. In addition, the UK operations
Datatec was trading off by more than 2% in midmorning trading on the JSE on Monday after it warned that its biggest subsidiary, technology distributor Westcon, experienced a weak third financial quarter. “Westcon’s performance in the third quarter has been
A unit of Logicalis, a subsidiary of Johannesburg- and London-listed technology group Datatec, has bought the Colombian and Ecuadorian operations of Cibercall for cash. The value of the deal, which is being done by
Johannesburg- and London-listed technology distribution and services group Datatec has grown diluted headline earnings per share by 6,8% in the six months ended 31 August 2012 on the back of a 7% rise in revenue to $2,62bn. Describing the results as “solid” in a
Despite slowing growth as a result of a weakening economic environment, JSE-listed technology group Datatec says it is still on target to meet its full-year growth forecasts. The group on Wednesday published an interim management statement covering the four-month period between
Johannesburg- and London-listed technology distribution and services group Datatec has topped US$5bn in annual sales for the first time. In the financial year ended 29 February 2012, the group reported sales of $5,03bn, up 17% from $4,3bn a year earlier
Logicalis, a subsidiary of JSE- and London-listed technology group Datatec has offered to acquire Corpnet, a Brisbane, Australia-based provider of IT services including data centre, cloud computing and managed services to the Queensland midsized and enterprise markets. The deal, which will be worth
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’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