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DataMirror asks SRP to probe Idion

DataMirror is taking its fight with Idion management further, asking the Securities Regulatory Panel (SRP) to probe alleged concert party actions by certain Idion directors.

Idion Technology Holdings

DataMirror would sell Idion stake 'in a heartbeat`

Hostile bidder DataMirror has not yet decided what to do with its 36.9% stake in Idion, but the Canadian group`s CEO, Nigel Stokes, says he would sell "in a heartbeat" if he were offered the right price.

Idion Technology Holdings

Software Futures

Paracon to buy resurrected Software Futures

Despite previously denying it would ever sell, MGX is to shed CCH stalwart company Software Futures to Paracon in a deal which will almost certainly be settled in cash.

Software Futures

Analysts puzzled as Idion share plunges

A significant fall in Idion`s share price yesterday has baffled analysts, who say they are expecting sparks to fly at the company`s annual meeting tomorrow. The share did recover some ground.

Idion Technology Holdings

LG Premium service

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.

Idion sells South African business to CS Holdings

Idion Technology Holdings has sold its South African business, Idion Solutions, to CS Holdings for an undisclosed sum.

Idion Technology Holdings

Inter-IT Konsult

Spicer to sell assets

Spicer Holdings says it will dispose of its remaining assets to allow it to wind down in an orderly manner.

Xerox SA safe within Bytes fold

Xerox SA says it is not affected by the international company`s accounting woes as it operates as a joint venture with JSE-listed Bytes Technology, and uses South African accounting practices.

Bytes Technology Group

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

Epson deal to boost Square One revenue

JSE-listed Square One Solutions has been appointed colour specialist distributor for Epson SA in a deal which will substantially boost Square One's revenue.

Square One Solutions

Weekly overview

Biology and IT converging

The next wave of computing will be the convergence of biology and IT - this is the view of IBM`s Nicholas Donofrio, senior VP of technology and manufacturing.

Telkom earns R2 billion

In its last year as a monopoly Telkom earned just under R2 billion, despite losing customers and R1 billion in bad debts.

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

Cyberhost escapes delisting crackdown

Cyberhost, which was left technically insolvent after a reverse takeover failed, has been granted an extension of its listing on the JSE. However, other stocks are to be delisted as the JSE cracks down.

Telkom growth hopes pinned on data, Africa

Telkom, concerned that the local fixed line telecoms market is "mature, says data revenues and hubbing African traffic will be the major contributors to its future growth. That, and a potential R1 billion legal windfall.

Institutions begin Comparex overhaul

The new board at Comparex has instigated an "urgent and comprehensive revue of the group`s strategy".

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