Struggling JSE-listed Elexir Technology Holdings says subsidiary Elexir SA has been placed into voluntary liquidation.
InfoWave has consolidated its profit for the 2005 year-end but failed to reach 2003 levels.
Telecommunications company Hymax SA has entered into a joint venture deal with Eastern Cape IT and telecoms player, Sonke Technologies.
Altech has declared a 174c per share dividend in a year that saw its revenue grow to more than R5.5 billion.
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.
Kunene Solutions & Services (KSS) has sold an 8% stake to sales manager Dennis Naidoo.
GijimaAST`s rights offer was 51.8% oversubscribed.
MCI`s board of directors has unanimously determined that a revised offer from Verizon Communications is superior to the offer received from Qwest Communications International on 21 April.
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
Xantium has acquired five companies in the eight months since it listed on the JSE, and more are in the pipeline.
China`s Lenovo has completed a $1.25 billion purchase of IBM`s PC division.
Flextronics increased its fourth quarter net income by 31% to $95.3 million, compared with $72.8 million in the year ago quarter.
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
SunGard has added The Depository Trust & Clearing Corporation's US and international Exchange Traded Funds data to its FAME Time Series Database.
Software AG's first quarter operating income rose to EUR18 million, an increase of 19% over the EUR15.1 million for the corresponding period of 2004.
Business Objects has reported total revenue of $248.8 million for the first quarter of 2005, a 15% increase year-over-year.