Browsing: MB Technologies

News
Why Ingram Micro is quitting SA

Global technology distributor Ingram Micro has confirmed an earlier TechCentral report that it will close its South African office, citing the “relatively small size of the operation”.

News
Spies set to succeed Fourie at Pinnacle

Pierre Spies has been named as deputy CEO at technology group Pinnacle Holdings and is set to take the reins when the current CEO, Arnold Fourie, steps down. After a torrid year for the group, which included an investigation

In-depth
Inside MB Tech’s plan to reinvent itself

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

News
MB Tech snaps up cloud vendor

Large South African technology distribution group MB Technologies (MBT) has entered into an agreement to purchase a majority stake in cloud computing specialist Cloud On Demand. The value of the deal has not been disclosed. The move forms part of MBT’s plan to

In-depth
Inside Cell C’s sprawling new campus

Cell C employees began moving into the company’s sprawling new campus, built at the confluence of the N1 and N3 freeways in Woodmead, near Midrand, at the end of last year. The 50 000sq m facility includes a main head office facility, a customer service centre, a new national network

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MB Tech boss quits after cycling accident

The head of one of South Africa’s biggest technology distributors has been forced to step down following a cycling accident. MB Technologies said on Monday that its CEO, Glenn Fullerton, has resigned. Fullerton was involved in a serious cycling accident earlier this year

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Pinnacle’s Axiz deal a challenge to MB Tech

JSE-listed Pinnacle Technology Holdings has offered to buy distribution business Axiz Technology for R170m in a deal that could see it become the largest IT distributor in the country. In a statement to shareholders on Tuesday morning, Pinnacle revealed its decision to make the offer to Axiz, which is expected to merge with Pinnacle’s Workgroup business.

News
Baxter sells out of MB Tech

MB Technologies co-founder Leo Baxter has sold his 45% stake in the IT distribution business to Investec Bank for an undisclosed sum. The company says Baxter has decided to focus all his efforts on his medical recovery following a polo accident in 2007 which left him paralysed. The treatment has produced encouraging results and Baxter has regained some movement.