Logicalis, Datatec Group`s IT integration company, has acquired Notability Solutions, an IBM business partner in the UK, and Eisco, a US-based IBM solutions provider.
Dimension Data`s operating profit is showing strong growth, as the group announces plans to grow into Africa and participate in the VOIP wave.
Data integration software provider Informatica has reported revenue of $58.4 million for the first quarter ended 31 March, up from $54.2 million in the first quarter of 2004. [Local rep: Knowledge Integration Dynamics]
Reunert shareholders are to receive a healthy interim dividend this 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.
Strong economic confidence in SA is likely to continue in the year ahead, and Altron is going to benefit, says Altron CEO Robert Venter.
Investors rushed to buy Telkom shares yesterday after the group issued a positive trading update.
Compuware has boosted full-year earnings by 53% and posted operating cash flow of over $240 million.
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
UCS Group is forecasting real earnings growth for its full year despite a decline in interims.
Grintek`s sale to Swedish group Saab has become unconditional.
Nortel`s US subsidiary, Nortel Networks, will acquire government IT services firm PEC Solutions and create Nortel PEC Solutions to provide solutions for US federal, state and local government customers.
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
It was announced last week that the ICT empowerment charter has been finalised. It now heads to the communications minister.
The sale of a 10.1% stake in Telkom to a consortium headed by former communications director-general Andile Ngcaba may have provided some certainty about the stake, but it remains controversial.
The sale of a 10.1% stake in Telkom to a consortium has provided clarity on the stake, but has not boosted Telkom`s empowerment profile, an analyst says.