Browsing: Westcon

JSE-listed global technology distribution and services company Datatec is lowering its forecasts for its full financial year, which ends on 28 February, due to a poor second-half performance at Westcon. Group revenues for the 2013 financial year are now expected to be about US$5,4bn, up from

Datatec was trading off by more than 2% in midmorning trading on the JSE on Monday after it warned that its biggest subsidiary, technology distributor Westcon, experienced a weak third financial quarter. “Westcon’s performance in the third quarter has been

Johannesburg- and London-listed technology distribution and services group Datatec has grown diluted headline earnings per share by 6,8% in the six months ended 31 August 2012 on the back of a 7% rise in revenue to $2,62bn. Describing the results as “solid” in a

Westcon, the distribution arm of JSE-listed IT group Datatec, will acquire Iberian and Latin American multinational security, virtualisation and data centre distributor Afina Group in a deal worth as much as €50m (R516m). The deal is being done by way of Westcon’s acquisition

Johannesburg- and London-listed technology distribution and services group Datatec has topped US$5bn in annual sales for the first time. In the financial year ended 29 February 2012, the group reported sales of $5,03bn, up 17% from $4,3bn a year earlier

JSE-listed information and communications technology group Datatec said on Thursday its subsidiary Westcon has agreed to acquire Netpoleon, an Indonesian distributor of IT security, networking and convergence solutions. The value of the deal has not been disclosed. Netpolean also provides managed and training services

Datatec, SA’s biggest listed technology group, said on Tuesday that its subsidiary, Westcon, had acquired Sentronics, a local value-added distributor of security systems. Datatec did not disclose the value of the deal. Westcon is Datatec’s biggest subsidiary

SA’s largest listed technology group, Datatec, has turned in a strong performance in its 2011 financial year, growing revenue by 15% to US$4,3bn and headline earnings by 46% to $44m. It has

In the run up to its full-year results presentation next month, JSE-listed multinational IT group Datatec says it has continued to improve its performance with economic conditions improving

JSE-listed IT multinational Datatec is keeping the corporate action simmering. Just a day after saying it would conclude a new empowerment deal at its local distribution business