Shares in Alviva Holdings leapt higher on Thursday after the group received an offer from a black-led consortium to buy it out.
Browsing: Pierre Spies
Alviva Holdings has secured the regulatory go-ahead for its R185-million acquisition of rival Tarsus Technology Group.
Technology group Alviva Holdings said on Thursday that it has agreed to buy rival Tarsus Technology Group for a maximum consideration of R185.4-million in cash.
Five hours after TechCentral broke the news on Tuesday morning that JSE-listed Alviva Holdings is in talks to buy rival Tarsus, the company has confirmed a deal is in the offing.
South Africa’s largest technology distribution group, JSE-listed Alviva Holdings, is in talks to acquire rival Tarsus, well-placed sources have told TechCentral.
In an era of rapid change and evolution, it is difficult to determine which technologies are genuine disruptors. Alviva, although an IT company, believes it is not, in fact, the IT industry that will produce the next big game changer. By Pierre Spies.
Promoted | The Alviva Group’s plans for the future revolve around organic growth and acquiring targeted, IP-based leaders in the digital transformation space. By Pierre Spies.
Meet the CEO is a weekly feature on TechCentral. The aim is to introduce our readers to the people behind the news by providing insights into the leaders shaping South Africa’s ICT industry. Our latest interview in the series
JSE-listed IT distribution group Pinnacle Holdings, which is in the process of changing its name to Alviva Holdings (share code from PNC to AVV), said it will consider acquisitions worth as much as R1,3bn. The acquisition talks follow a strong
Technology group Pinnacle Holdings has announced a management shake-up that will see Pierre Spies elevated to the position of joint CEO from 1 January 2016, alongside Arnold Fourie, with Fourie to step down in the middle of next year to become