Business continuity vendor ContinuitySA has bought SunGard Availability Services SA for R21.5 million.
As part of the arrangement, ContinuitySA has taken over SunGard Availability Services` premises in Randburg and Midrand, meaning "business as usual" for the latter`s clients and the early realisation of an ambition to move closer to the West Rand for the former.
"The deal with SunGard Availability Services will give us immediate premises in Randburg. More than merely a location, it will provide staffed and equipped premises with an existing base of customers," says ContinuitySA MD Allen Smith.
The acquisition became effective on 13 June. Smith says the merger will be simplified by the fact that the companies are "remarkably similar".
SunGard Availability Services executive vice president, UK & Europe, Keith Tilley adds that integration will not be disruptive as "SunGard`s existing premises and staff will continue to operate as normal".
SunGard operates in a variety of industries including financial services, retail, mining and government.
ContinuitySA recently expanded its Midrand premises by 8 000 square metres to capitalise on the as-required business process outsourcing and contact centre market where companies rent facilities by the week, day or hour.
Business development manager Anthony Askew says ContinuitySA entered the contact centre infrastructure provisioning market just over two years ago. "Our first 350-seat contact centre facility was booked out in 18 months by only three customers and the demand for facilities remains high. We therefore obtained another building and are about to put an additional 900 seats on the market."
The new facility, called Continuity Junction, is situated on Old Pretoria Road and comes with backup power, dual Telkom lines and technical services "to keep them running during common electrical and telecommunications outages," adds Askew.
The company also has a 3 000sqm site in Cape Town and a 1 500sqm site in Gaborone, Botswana.
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