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Posts Tagged ‘acquisition’

  • BCX CEO, Benjamin Mophatlane

    Telkom makes R2.7bn cash offer for 100% of Business Connexion

    May 22, 2014 • Top StoriesComments Off on Telkom makes R2.7bn cash offer for 100% of Business Connexion

    Telkom SA SOC (Telkom), South Africa’s listed full service ICT provider, today announced that it has made an offer by entering into an agreement with Business Connexion Group (BCX) in terms of which Telkom will acquire 100% of BCX. BCX is a listed company...

  • Neotel Office Building

    Neotel, Vodacom CEOs comment on R7billion acquisition

    May 19, 2014 • Mobile and Telecoms, Top StoriesComments Off on Neotel, Vodacom CEOs comment on R7billion acquisition

    Last year, it was revealed that Neotel and Vodacom were entering into exclusive talks for a due diligence. Today, Neotel and Vodacom SA have announced that they have favourably concluded an agreement on the commercial structure and terms to proceed for...

  • Shaun Barendsen, HDS General Manager for sub-Saharan Africa

    HDS on new SSA growth path following Shoden Data Systems integration

    March 14, 2014 • Company NewsComments Off on HDS on new SSA growth path following Shoden Data Systems integration

    Hitachi Data Systems (HDS) is embarking on an aggressive growth strategy across sub-Saharan Africa, following the full integration of Shoden Data Systems into Hitachi Data Systems Corporation. Shoden was acquired by Hitachi Data Systems Corporation in...

  • Steven Ambrose, Strategy Works CEO (image: Strategy Worx)

    SA analyst: Facebook’s Whatsapp acquisition guarantees its dominance

    February 20, 2014 • OpinionComments Off on SA analyst: Facebook’s Whatsapp acquisition guarantees its dominance

    Facebook’s acquisition of Whatsapp for $19 billion creates a beachhead into emerging markets, securing its future by targeting growth in countries where there is little fixed line infrastructure and mobile has become pervasive. Steven Ambrose, Strategy Worx...

  • Yahoo! to acquire Tumblr for $1.1-billion

    May 20, 2013 • OnlineComments Off on Yahoo! to acquire Tumblr for $1.1-billion

    In a deal that is yet to be formally announced by Yahoo! officials, the board of the popular search engine approved a deal to acquire blogging site Tumblr. According to The Wall Street Journal, the deal is reportedly worth $1.1 billion. “Breaking: The Yahoo...

  • Business Connexion acquires Integr8 IT in R126 million deal

    November 5, 2012 • Mobile and TelecomsComments Off on Business Connexion acquires Integr8 IT in R126 million deal

    Managed services specialist firm Integr8 IT, part of the Integr8 Group, has been acquired by Business Connexion for an estimated R126 million.   Integr8 IT is the largest privately-owned ICT infrastructure management and managed services company on the...

  • Facebook looking to acquire Face.com

    May 29, 2012 • Gadgets and GamingComments Off on Facebook looking to acquire Face.com

    While Facebook entered the IPO world recently after buying photo-sharing app Instagram, the popular social network is reportedly set to make a number on new acquisitions. According to Israeli business publication Calcalist, Facebook is in negotiations to...

  • Business Connexion acquires Quad Automation

    April 18, 2012 • Top StoriesComments Off on Business Connexion acquires Quad Automation

    Africa’s leading systems integrator Business Connexion, announced that it has acquired 100% of the issued share capital of Quad Automation (Pty) Ltd. Quad Automation is a South African company that specialises in the industrial sector in Programmable Logic...

  • DragonWave to acquire Nokia Siemens microwave business

    November 4, 2011 • Top StoriesComments Off on DragonWave to acquire Nokia Siemens microwave business

    DragonWave plans to acquire Nokia Siemens Networks microwave transport business, including its associated operational support systems (OSS) and related support functions. Under the terms of the Master Acquisition Agreement signed today, 4 November 2011, as...

  • Microsoft officially acquires Skype

    October 14, 2011 • Gadgets and GamingComments Off on Microsoft officially acquires Skype

    Microsoft has closed its acquisition of Skype. Negotiations of the definitive agreement under which Microsoft would acquire Skype for $8.5 billion were led by investor group Silver Lake and the transaction was originally announced on 10 May, 2011. Microsoft...

  • Knott-Craig Jnr buys MXit

    September 22, 2011 • Mobile and TelecomsComments (1)

    Alan Knott-Craig Jnr, former head of iBurst and son of former Vodacom CEO Alan Knott-Craig Snr, has purchased popular social messaging platform MXit through his start-up investment firm World of Avatar. The value of the acquisition has not been disclosed. As...

  • Google takes over Motorola Mobility

    August 15, 2011 • Gadgets and Gaming, Top StoriesComments Off on Google takes over Motorola Mobility

    Google and Motorola Mobility Holdings have today announced a definitive agreement under which Google will acquire Motorola Mobility for total of about $12.5 billion. The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to...

  • SA’s Westcon acquires German tech company

    July 13, 2011 • SecurityComments Off on SA’s Westcon acquires German tech company

    Datatec Limited’s subsidiary Westcon has agreed to acquire Entrada Kommunikations GmbH, a German based, value added distributor of IT security products and provider of sales support and training services. This acquisition enhances Westcon’s German...

  • PopCap to push EA over $1-billion

    July 13, 2011 • Gadgets and GamingComments Off on PopCap to push EA over $1-billion

    Electronic Arts’ acquisition of Bejeweled creator PopCap is speculated to provide the company with a significant boost in capital, and while it will increase their presence in the gaming market, the take-over is rumoured to push the company into the...

  • Kenya’s thorny mobile network coverage issue

    July 12, 2011 • Mobile and TelecomsComments Off on Kenya’s thorny mobile network coverage issue

    Network coverage and quality of service remain key requirements by mobile phone users in emerging markets such as Kenya. This is according to a study by Nokia Siemens Networks, a global enabler of telecommunications services. About 41% of mobile phone...

  • Embattled Multi-Links sold to Helios Towers Nigeria

    July 11, 2011 • Mobile and TelecomsComments Off on Embattled Multi-Links sold to Helios Towers Nigeria

    Helios Towers Nigeria has agreed to buy Telkom South Africa’s embattled Multi-Links Communications, ending a legal battle that halted the sale of the company to Visafone Communications Nigeria about two months ago. The Nigerian company had previously...