Novel has completed its acquisition of SuSE Linux through a $210 million cash deal.
Bodibeng Technology Incubator (BTI) has launched its SA Technology Entrepreneur Fund, a program that provide seed capital for entrepreneurs in the IT, communications technology and electronics sectors.
The strengthening of the rand last year has made a significant dent in Mustek`s earnings.
CommScope has completed the acquisition of Avaya`s Connectivity Solutions business.
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.
Unisys has announced fourth quarter net income of $111.5 million, compared to $89.1 million for the comparative quarter in 2002.
MGX has announced several board changes at group level and at subsidiary Metrofile.
Some of Intervid`s major shareholders are calling for the removal of the company`s chairman and the appointment of their own nominees to the board.
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
Turnaround specialist Gandalf Trust seems to be making some headway in restoring Zaptronix to profitability.
Last week saw the news that Microsoft founder Bill Gates will receive an honorary knighthood.
Telkom has appointed a chief financial officer to replace Anthony Lewis, who returned to the US last year.
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
SAS Institute has acquired RiskAdvisory, a Canadian provider of risk management consulting and software.
Comparex Africa has appointed three new executives following its merger with Business Connexion.
Progress Software has announced fiscal year-end revenue of $309 million, a 13% increase in comparison to 2002 revenue of $273 million.