Allied Electronics Corporation (Altron) has paid R255.9 million for a further 7.6% stake in subsidiary Allied Technologies (Altech).
QAD has announced first quarter revenue of $58.2 million, compared with $56.3 million for the comparative quarter last year.
Symantec will acquire Brightmail, an anti-spam technology provider, in a cash transaction valued at approximately $370 million.
JSE-listed Spescom has reported a small drop in headline earnings per share for the six months to end-March.
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.
Higher costs and delayed revenue have led to a full-year headline loss per share for JSE-listed Faritec.
Spescom has announced headline earnings of R20.6 million for the interim half-year ending 31 March.
HP has reported second quarter revenue of $20.1 million, an increase of 12% year-on-year.
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
Reunert`s withdrawal from a possible bid for CS Holdings has not changed Enterprise Outsourcing Holdings` plans to make its own offer.
HP has achieved record revenue of $20.1 billion for the second quarter of its current financial year.
The Johannesburg Stock Exchange (JSE) has launched a Social Responsibility Index to measure 'triple bottom line` performance of participating companies.
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
Synergy Holdings intends to change its listing to the JSE's new alternative exchange, AltX.
Reunert has decided not to make an offer for CS Holdings, while Enterprise Outsourcing Holdings says it could make an offer within 10 days.
JSE-listed Reunert`s interim headline earnings per share increased by 20.2% as a result of turnarounds.