Browsing: Robbie Venter

Robbie Venter, 56, is likely to step down as Altron’s CEO at the end of February, or soon thereafter, handing the reins to a non-family member for the first time in its storied, 51-year history. First, though, Venter – the son of Altron founder Bill

Former Altech CEO Craig Venter, who quit the Altron group last year after 27 years working for the business started by his father Bill Venter, has lifted the lid on his new venture. The new company, ClickaBet, is a sports betting website that Venter

Troubled technology group Altron has signed a binding agreement to dispose of its long-held subsidiary Aberdare Group for R1,2bn in cash. Altron subsidiary Powertech, which owns Aberdare, has entered into binding agreements to sell Hengtong Optic

Troubled diversified technology group Altron has announced it will consolidate its head office, with subsidiaries Altech and Bytes – currently housed in a building in Woodmead, Johannesburg – moving to Altron’s head office in Parktown. The move will allow

Altron has named Andrew Holden as the successor to Rob Abraham at its subsidiary, Bytes Technology Group. The long-serving Abraham will step down as Bytes CEO on 29 February 2016, with Holden to step in as operations executive for information technology. In recent

JSE-listed technology group Altron will in future be a significantly smaller business focused on the IT and telecommunications industries as it sheds non-core assets and loss-making businesses, especially in the legacy power infrastructure side of its business. Robbie Venter has resolved

Altron disclosed on Wednesday that it has fully impaired intangible assets related to the failed Altech Node set-top box and home automation system to the tune of R44m in the six months ended 31 August 2015. TechCentral first reported last month that Altron had decided to pull the plug on the service

In the end, as we know, Nashua Mobile blinked first. The announcement 18 months ago that it would sell the subscriber bases of its mobile service provider business caught much of the market unawares. But those close to the mobile sector weren’t

The Altech Node will soon be no more. TechCentral has established that Altron is going to pull the plug on the service after failing to sell the business to a third party. Altron subsidiary Altech launched the Node to great fanfare in 2014

Altech has added Warner Bros to the content bouquet offered on the Node video-on-demand and home automation set-top box in a move it says “substantially extends its content library of movie and television entertainment”. Despite “lower than