The $546 million deal is a major step in building a EUR1 billion company while at least doubling net income by 2011, says Software AG CFO Arnd Zinnhardt.
The company's reported preliminary results for Q1 of fiscal year 2008 include earnings per share of $0.34.
In this World Wide Wrap: India offers smart card banking, mobile banking slow in US, and Tata sells banking software.
The Consumer Credit, Care and Communications conference will take place on 5 and 6 June in Sandton.
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.
The company's net second quarter revenue increased to $239 million.
Simeka joins the Beacon IT Group's global distribution efforts for its Bids technology.
The company will be known as SecureData from 16 July in a move that will better reflect its trading activity.
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
Blue Dot Rural is deploying the Acquire loan finance solution supplied by Xpertek.
The cellular operator has boosted its subscriber base by 28%.
The airline has contracted Lorge to supply and support SAP`s Business One accounting software solution.
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
Companies in the market for new software can now obtain 100% financing of the total cost from Square One Capital.
The Innovation Hub resident announced secured access to investment funds through an alliance with Phoenix Capital Partners.
Jim Sinur has joined the business process management firm as its first chief strategy officer.