Altron today announced its acquisition of Information Systems Partners (iSPartners), the holding company for Karabina Solutions, Zetta Business Solutions and It's About People, in a deal worth R225 million.
The JSE-listed group says the deal, which is subject to Competition Commission approval, will help drive its digitalisation agenda.
Altron CEO Mteto Nyati says, "This acquisition will enable us to create a Microsoft-focused business within Altron with a special focus on cloud computing and data analytics. The acquisition will add scale and a new suite of solutions and capabilities enabling customers to digitally transform their businesses through Microsoft technologies."
In a statement, the company notes the deal includes the acquisition of Karabina Solutions, a Microsoft solutions business, and Zetta Business Solutions, which provides data advisory services.
iS Partners CEO Grant van der Wal states, "I am excited that iS Partners will become part of Altron as this will make us more relevant to all customers. This is a key announcement for the South African IT industry which needs a partner that brings business scale in data analytics and cloud computing; with this deal we aim to be that partner. Karabina Solutions prides itself on being relevant to its customers and their business requirements, which aligns to Altron's core purpose of providing innovation that matters."
Microsoft SA MD Zoaib Hoosen adds: "iS Partners is a Microsoft Gold Certified Partner with a track record of over 17 years in Africa. We already have an existing partnership with Altron through its subsidiary, Bytes Systems Integration. Bringing iS Partners into the Altron fold strengthens our partnership and will accelerate our customers' digital transformation journey in South Africa and the continent."
Nyati continues: "The Fourth Industrial Revolution is here. The digital world is advancing at high speeds and this has an enormous impact on how businesses of the future will operate. To maintain a competitive advantage in a cloud-first and mobile-first world, businesses need to embrace digital transformation using innovative ways of connecting people, managing data, and streamlining processes to create value for customers. Our solutions will enable our customers to successfully embark on that journey."
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