
EMC's final success regarding its proposed acquisition of Data Domain dominated the international world of ICT last week. The appointment of Jeffrey Hedberg as CEO of Multi-Links, in Nigeria, stole much of the local ICT media space.
Key local news
* India-based Aegis acquired Call Centre Nucleus Group.
* Webcom Group made a 50% purchase of RDB Consulting, an ICT consulting services provider.
* MIP Holdings bought TreasureGrow, a treasury software specialist company.
* Jasco made a R4 million (30%) initial investment in Maringo Communications, a provider of converged ICT services.
* Nozala Investments, an empowerment organisation, invested in Kyocera Mita South Africa, creating a new empowered entity in which Kyocera Mita Japan will hold a 65% stake, and the rest will be held by Nozala and two staff trusts.
* Visec Surveillance Systems, a developer and distributor of licence plate recognition software and surveillance systems, has joined up with Sentronics, a distributor of surveillance equipment in SA.
* Optus Brands was appointed national distributor for Eastman Kodak.
* Stuart Clarkson was named CEO of Siemens SA, while Siegmar Proebstl resigned as CEO of Siemens SA.
Key African news
* Vodacom made a $100 million buyout of minority shareholder Mobilelea in its Kenyan subsidiary.
* WiA Group (Tanzania) made a 49% investment in Dimension Data's Tanzanian subsidiary.
* Maroc Telecom, owned by Vivendi, has won the tender for a 51% stake in Sotelma (Mali), in a deal valued at EUR275 million.
* Jeffrey Hedberg (ex-CEO of Cell C) was appointed CEO of Multi-Links (Nigeria), a subsidiary of Telkom SA.
Key international news
Africa's overall corporate market spend on IT is expected to grow at an annual rate of 6.3% between 2009 and 2013, according to BMI-TechKnowledge.
Paul Booth, MD, Global Research Partners
* CDTI, a full service, global engineering, repair and logistics company, bought Motorola's fibre-to-the-node product portfolio.
* CSC acquired BearingPoint's Brazilian operation.
* EMC purchased Data Domain for $2.1 billion, after a long battle with NetApp. The final price is nearly 50% higher than the original offer by NetApp and higher than its subsequent offer of $1.9 billion.
* Software AG bought Switzerland-based Teconomic, a provider of IT consulting services and applications for the European financial sector.
* NTT DoCoMo made a $45.5 million (35%) investment in PacketVideo, a subsidiary of NextWave Wireless and a developer of mobile video services.
* Asustek Computer made a 4% investment in D-Link, a network equipment maker.
* Google is to introduce a PC operating system, initially aimed for the netbook market, which will compete with Windows.
* Marc Andreessen, the founder of Netscape, has set up a venture capital company with Ben Horowitz that will target computer start-ups. The fund already has a commitment of $300 million.
* Good quarterly numbers from Infosys Technologies.
* Mixed quarterly figures from 3Com (revenue down and back in the black), HTC (revenue up, but profit down) and Lawson Software (revenue down, but profit up).
* Quarterly losses from Corel.
* The announcement of a EUR735 million rights issue by Infineon, the loss-making German chipmaker, underwritten by Apollo Global management, a private equity group.
Look out for
* International:
* Acquisitions by Wataniya, a Kuwait telecommunications company, which main shareholder is Qatar Telecom.
* The sell-off by Hutchison Whampoa telecommunications unit of its 51% stake in its Israeli subsidiary, Partner Communications, a deal that could be worth $1.3 billion.
* Africa:
* The outcome of the discussions between Zain and Vivendi regarding Zain's African operations.
* South Africa:
* The appointment of a new country manager for HP.
Research results and predictions
* Africa's overall corporate market spend on IT is expected to grow at an annual rate of 6.3% between 2009 and 2013, according to BMI-TechKnowledge.
* The global green IT market is estimated to be $789 billion in 2008 and is expected to reach $1 257.7 billion by 2015, says Global Markets Direct.
* Worldwide IT spending in 2009 should reach $3.2 trillion, a 6% decline from 2008, predicts Gartner.
Stock market changes
* JSE All share index: Up 0.3%
* Nasdaq: Down 2.3%
* Top SA share movements: AdaptIT (-10.6%), Ansys (-10.9%), Faritec (+50%), FoneWorx (-13.3%), Labat Africa (-50%) and TCS (-20%)
Final word
This week will see the start of the usual quarterly flood of results from the North American market that is likely to heavily influence the technology-oriented Nasdaq stock market index. The results will also give some indication as to how the current economic climate is performing.
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