Progress Software has announced first quarter revenue of $97.7 million, up from $86.4 million in the comparative quarter last year.
Computer Associates (CA) will acquire Concord Communications in a cash transaction valued at $330 million.
Paracon has issued a trading update and announced it has walked away from an acquisition.
AltX-listed Xantium has bought the business of Foster Melliar for R6.13 million.
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.
Last week was comparatively sedate both internationally and locally; probably the quiet before the flood of quarterly results that are expected to start being released within the next few days.
Xantium has announced that it has acquired a 100% stake in Foster-Melliar.
Newshelf has disposed of most of its shareholding in MTN to the Public Investment Commissioners (PIC).
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
Business Connexion has settled its multimillion-rand dispute with the taxman.
Datacentrix is considering how best to return some of its R167 million cash pile to shareholders.
A consortium of seven private equity investment firms will acquire SunGard in a transaction valued at about $11.3 billion.
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
Borland Software has filed an extension notification with the Securities and Exchange Commission relating to its annual report.
DiData says its plan to buy Australia`s Bellerephon Group is part of a strategy to enhance its own capabilities.
Unisys Africa will sell 30% of its equity to Cyberknowledge Systems Investments.