JSE-listed Datacentrix has bought Nokusa Engineering Informatics for R45.75 million to strengthen its position in the enterprise content management (ECM) space.
Datacentrix says in an announcement that it will buy the entire company from Nokusa Investments, Robert George Murray Cells, Gerhard Hielco du Plessis, Barend Frederik Kotze, Michelle Momberg, and Abraham Carel Marthinus Spies.
Nokusa Engineering Informatics is a "well-established and leading consulting company", specialising in ECM strategies, solutions and implementations and was founded in 1997, says Datacentrix. The SA-based privately-owned black-empowered company operates throughout SA and has done work globally.
Nokusa is part of an ECM partner network including SAP, OpenText, AIIM, Cideon Software, Collaborit and Pitney Bowes. It consults to a number of blue-chip companies and is the only SAP ECM partner in Africa.
Datacentrix says, in line with its current strategy, it wants to consolidate and strengthen its position in the ECM market by acquiring Nokusa's knowledge and expertise. "Datacentrix's main competitors are aggressively targeting the growing opportunities in the ECM sector and equally aggressively embarked on acquiring targeted ECM skill sets."
The listed company says its competitors "all acknowledge the opportunities in the ECM sector versus the enormous scarcity of professionally qualified skilled individuals in the same sector. By acquiring a pool of highly skilled ECM individuals, Datacentrix can immediately complement its ECM operations."
The R45.75 million price is subject to Nokusa making a net after tax profit of R6.6 million in the year to February. The bulk of the price, 90%, will be paid in cash within ten days of 28 February and the balance will be held as security for any profit shortfall deduction.
Datacentrix says the deal is subject to conditions.
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