Software solutions and outsourcing services group UCS is to buy Affinity Logic in a deal worth around R42 million.
The consummation of PeopleSoft`s purchase of JD Edwards would not mean the end of Oracle`s bid to acquire PeopleSoft, says research firm Gartner.
Bidvest has acquired Oc'e Printing Systems SA from Dutch group Oc'e Technologies for an undisclosed sum.
Global Technology (Glotec) has entered into an agreement with Lexshell 577 Investments and Ray Leonard, its former CEO, to dispose of several of its divisions.
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.
Global Technology says its restructuring process has resulted in a more stable group.
Global Technology (Glotec) is to sell four subsidiaries for R1. It has also warned that it will report a significant loss for the six months to end-June.
MGX shareholders have given the go-ahead for the disposal of the business of MGX Enterprise Solutions.
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
Professional services firms PricewaterhouseCoopers (PwC) and MSGM Masuku Jeena have merged their operations in an empowerment deal.
The JSE says it is "astounded" at the large number of companies requesting information about listing on its new alternative exchange, AltX, for small and medium growing companies.
Last week saw several profit warnings ahead of the quarterly results due to start streaming out next week.
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
The emergence of a "white knight" to provide an alternative to Oracle`s bid to buy PeopleSoft is unlikely and applications users should evaluate if and how their providers will support them, says research firm Gartner.
Aqua Online, which last year announced plans to delist from the JSE, still appears on the exchange's boards because of delays in receiving regulatory approval for its move.
SMS delivery systems company Beget Holdings has added an Australian office to its expanding international operations.