Prism`s black empowerment deal has only one hurdle left to clear.
Grintek`s board wants the shareholders to vote in favour of Saab`s offer.
Grintek's interim results for the period ending December 2004 show group revenue from sales increased to R656.4 million from R615.8 million.
Alcatel has signed an agreement to acquire optical Ethernet transport solutions provider Native Networks for $55 million in cash.
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.
Datatec International subsidiary Logicalis Group has acquired 100% of the issued share capital of Notability Solutions.
An increase in PC sales has boosted Mustek`s figures for the six months to December.
GBI has unveiled its new identity following its acquisition by EOH in January.
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
DigiCore has declared a maiden dividend after growing its interim profit by 46.5%.
Verizon Communications will acquire MCI for $4.8 billion in equity and $488 million in cash.
Vision Solutions will buy OS Solutions, a developer of iSeries tools.
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
Enterprise Connection (EConnect) has acquired a 25.1% equity stake in nVisionIT.
Idion`s Vision Solutions is buying a company in the UK.
Events surrounding the ICT black empowerment charter and the second national operator (SNO) made news locally last week, while international IT activities took a breather.