Articles
The company wants to change its name following a R11.7 million deal with Sbu Shabalala.
The company changes name, management and BEE status in a R11.7 million acquisitive move.
A recent acquisition accounted for half of InfoWave`s revenue growth, while some divisions reported losses.
In line with its plan last year to go on the acquisition trail, InfoWave has acquired 73.8% of ApplyIT from SA Bioproducts.
Natal-based software house InfoWave has reined in profits as it prepares to go on the acquisition trail.
InfoWave has consolidated its profit for the 2005 year-end but failed to reach 2003 levels.
Listed Durban-based Infowave has turned its R7.9 million loss for 2000 into a R1.4 million net profit. The company attributes the turnaround largely to its continued commitment to Oracle as a platform for its implementations.
InfoWave, an Oracle and IT solutions company, has extended its relationship with Bynx SA to include the marketing, selling and implementation of Bynx packaged software solutions.
Articles About InfoWave (10)
Durban-based software company InfoWave has declared a year-end dividend of 3.67c a share.
InfoWave`s listing is to be transferred to the JSE`s main board.
InfoWave Holdings has reported a 13.1% decline in interim headline earnings per share.