Management bought out the company via an MBO transaction.
In this World Wide Wrap: Open Text reports results, free software on offer, and Trinity Mirror overhauls.
The outsourced financial services solutions provider has been bought out by management from PIC Solutions.
After landing a multimillion-rand deal, the company looks to secure two more large contracts in the next year.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Despite tough economic conditions, the group continues to experience "good demand" for its services.
MaPa Cleaning Technologies has installed a business solution based upon Pastel Evolution accounting software.
The increase is a result of maturing prior investment in infrastructure, partners and skills.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The application delivery infrastructure company has selected Open Text to help it manage content from accounts payable.
The bank targets a large group of potential customers with its new CashSend service.
The deal strengthens Kelly's presence in the high-growth IT outsourcing and permanent placement sectors.
Top business technology headlines 20 - 26 February 2022
A summary of the top business technology stories shared by ITWeb between 20 - 26 February 2022. Visit www.itweb.co.za for more news. #ITWebCloudDatacentresummit2022 #newsvideo #Fraudcases
Low business confidence and inflation drive down PC sales, but a strong recovery is expected next year.
Wholly owned UCS subsidiary Destiny Electronic Commerce will buy Computer Software Consultants as a going concern.
The cluster development agency informs members its operations model is "not sustainable".