Browsing: UCS

Microsoft Flight Simulator to fly again

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Microsoft Flight Simulator was one of the most popular simulator games of the 90s and early 2000s, until Microsoft closed the studio responsible for its development in 2009. The series made a brief return in 2012 with Microsoft Flight, although the title was critically panned and the studio was closed

Ex-UCS bosses eye new tech fund

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Capital Eye Investments, the company that emerged out of what was left of JSE-listed UCS Group after Business Connexion acquired its services businesses four years ago, plans to launch a private equity fund to invest in start-ups and established technology businesses. Capital Eye

Durban payments start-up eyes world stage

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Emerge Mobile, an ambitious start-up based in Umhlanga, north of Durban, has developed a smartphone-based mobile payments system similar to the US solution Square, and has secured certifications from international bodies. It now plans to launch

BCX snaps up Integr8 for R126m

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UCS Solutions, a 70%-held subsidiary of JSE-listed technology services company Business Connexion, has acquired IT management specialist Integr8 IT, part of the Integ8 Group, for a maximum purchase price of R126m. The deal

‘Problem child’ drags down BCX

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JSE-listed IT services company Business Connexion (BCX) has turned in a poor set of financial results in its 2011 financial year to end-August. CEO Benjamin Mophatlane says the company has had a “tough year” and the results “haven’t met expectations”. Its technology and

JSE set to lose another IT counter

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Software and IT services company UCS is considering delisting from the JSE just weeks after finalising a deal to sell a large chunk of its operations to Business Connexion (BCX). UCS joins companies such as Mustek and TeleMasters

MXit opens wallet to customers

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SA mobile instant messaging and social networking company MXit has signed an agreement with UCS Group subsidiary wiWallet to give its users a new payment platform. Herman Heunis, founder and CEO of MXit

BCX targets Africa retail in UCS deal

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Business Connexion (BCX) has made a R614m offer to buy up a big portion of the assets of the UCS Group. BCX will settle the deal through the issue of 101m new shares, with R30m to be paid in cash