Forge Ahead has bought back the 49% stake in the company owned by BMI-TechKnowledge since the company was founded in 1998.
EMC has completed the acquisition of Legato Systems, a provider of software solutions and services for information lifecycle management.
The JSE suspended the EC-Hold share this morning after the company failed to meet a deadline to submit its financial statements.
Novell has entered into an agreement to acquire SuSE Linux for $210 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.
Altech subsidiary Isis Information Systems has completed its restructuring programme.
The IQ Business Group`s supply chain division, IQ Commerce, has been unbundled and rebranded.
Two directors of Durban-based Intervid have chosen not to be re-elected to the board, citing a conflict of interest.
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
Cellular network operator MTN`s Nigerian subsidiary has secured a loan facility of $395 million to fund its operations.
Citrix Systems has announced third quarter revenue of $144.3 million, compared to $118.9 million for the comparative period last year.
Contact centre service provider CCN Holdings is offering to buy out its minority shareholders at 85c a share.
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
South African banks might improve their cost-to-income ratio through an increased, focused investment in infrastructure, says consulting group Accenture.
Networking and IT services group Datatec has "continued to feel the bite" of a depressed sector, reporting a marked decline in interim headline earnings per share.
Datatec has announced revenues of $1.1 billion for its six months to 31 August.