IBM's information infrastructure launch dominated the international world of ICT last week. At home, the move by Datatec into India stole much of the local headline ICT space.
Key local news
* Good year-end figures from Faritec, with revenue up 21% and profit more than double.
* Faritec acquired Ubushu, a supplier of Novell identity and access management solutions. The deal also includes the latter's 30% stake in Linux Systems Dynamics.
* Datatec made a 50.01% investment in India's Inflow Technologies, an ICT business that focuses on technology enablement and distribution of security, storage and networking products, services and solutions.
* Convergence Partners Investments, a venture capital firm in which Andile Ngcaba is involved, made a 25.55% investment in SkillPod Media, an online casual gaming company.
* ICASA announced it would not appeal against the High Court ruling regarding self-provisioning.
Key African news
* The possible link-up of Orascom (Egypt) and Telekom Austria.
Key international news
Worldwide smartphone sales rose 15.7% in Q208 and reached 32.2 million units, according to Gartner.
Paul Booth, MD, Global Research Partners
* Google purchased Tatter and Company, a Korean-based blogging software company.
* Symantec acquired Swapdrive, a Web-based storage company that provides software for online backup and storage and features automatic backups and data recovery applications, for $124 million.
* Microsoft announced it has sold its Greenfield Online unit to an affiliate of ZM Capital.
Look out for
* A possible investment by NTT DoCoMo in Tata's cellular towers business.
Research results and predictions
* The storage software market rose 14.2% in Q208 to reach $3.1 billion, with the top three places remaining the same: EMC, Symantec and IBM, according to IDC.
* Worldwide smartphone sales rose 15.7% in Q208 and reached 32.2 million units, according to Gartner.
* Indian IT spending will reach $110 billion in 2012, a CAGR of 14.8%, according to Gartner.
Stock market changes
* JSE All share index: Up 2.9%
* Nasdaq: Up 0.2%
* Top SA share movements: Celcom (-13.9%), Faritec (+9.8%), Ideco (+50%), Ifca Technologies (+25%), Metrofile (+11.8%), MICROmega (-10.9%), Mustek (+14.6%), Poynting (-10%), Spescom (+38.5%) and TeleMasters (+11.8%)
Final word
Forbes magazine has published its listing of The 100 Most Powerful Women. From a technology perspective, Anne Mulcahy, CEO of Xerox, is at number 10; Safra Catz, president of Oracle, is at number 15; Ann Livermore, executive VP of HP, is at 33; and Susan Decker, president of Yahoo, is at 50.
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