Browsing: MB Technologies
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
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
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.
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.