Loading...
See More

Didata doubles NZ business with deal

Oct 06 2010 07:57 Reuters

Related Articles

Dimension Data UK acquires mvision

Didata acquisition gets green light

Probe into Didata share trading

Didata turnover shoots higher

Didata to be sold

Didata sale signals trend

 
Johannesburg - Dimension Data Holdings [JSE:DDT] is buying Integral Axon Computer Systems, a privately owned New Zealand IT services firm, for an undisclosed sum, the South African IT firm said on Wednesday. The acquisition of Integral Axon, which has gross assets of NZ$37.9 million (R197m) will, enable Datacraft New Zealand, Didata's unit, to double its business in size and scale.

"The acquisition will reposition our value from an integrator to become an outsourcing partner in our chosen market segment - second tier enterprise outsourcing," said Robin Hartendorp, managing director of Datacraft in New Zealand.

Didata is being acquired by Japan's Nippon Telegraph and Telephone Corp for $3.2bn as it seeks growth in emerging markets to offset a stagnant economy at home. 
dimension data holdings

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

The driverless luxury car of the future!

Watch this video of the Mercedes Benz F 015 concept car, the company’s vision of a driverless future.

 
 

Luxury living

WATCH: Private luxury island for sale!
10 of the most ridiculous celebrity purchases, that cost millions!
Karl Lagerfeld spotted with custom gold Apple Watch
The most luxurious dog house!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What brand of smartphone has been stolen from you?

Previous results · Suggest a vote

Loading...