Analysts predict 2011 'the year of the smartphone', following a dismal 2009 and recovery in 2010.
The company will start looking for other acquisitions to bolster growth, it says.
Microsoft is calling on start-up business, which are actively engaged in software development, to enrol for its incubation programme.
IT spending is not going to magically pick up next year, as companies are still keeping a close eye on budgets.
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.
The computing distribution company considers a buy-out offer, and subsequent JSE delisting, at R5.55 per share.
UCS is selling the bulk of its business to Business Connexion, for R614 million, and expects to benefit from a partnership with the outsourcing business.
CEO Jens Montanana has bought 120 000 shares on the market for a total value of R3.76 million.
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
In this World Wide Wrap: China to deploy 4G in 2012, Vodafone suffers serious network glitch, and Cisco closes LineSider acquisition.
The company has steadily eroded investor value, and the latest allegations of corruption just add to the disappointment, an analyst says.
Fake company directors have diverted tax refunds worth R51 million, after abusing Cipro's database.
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
In this World Wide Wrap: Tech giants eye mobile payment, credit card usage dips, and WikiLeaks' defenders slam payment firms.
The Irish business community grew stronger in Q3, according to international analysis from Experian.
The JSE-listed company is concerned that it will not report growth for the full year - potentially breaking a decade-long record.