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InfoWave in BEE deal with AdaptIT

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Sbu Shabalala is the new CEO at the helm of newly merged AdaptIT Holdings. The KwaZulu Natal-based IT powerhouse is the product of a transaction between InfoWave Holdings, a JSE-listed enterprise with a global reach and Adapt-IT, a black owned and managed associate. 

The merger will maximise strategic growth opportunities, allow the group to broaden its IT service offering globally, improve BEE credentials and achieve further diversification within the organisation.
The AdaptIT Holdings group will benefit from entrepreneurial flair that enabled Sbu Shabalala to found and build a small company, Adapt-IT, into an award-winning business.  
Shabalala began his relationship with InfoWave as a software developer and continued with InfoWave Holdings providing the seed capital and support services for him to found Adapt-IT, a black-owned IT SMME. Adapt-IT has grown into a successful provider of innovative information management solutions based on best practise open source and proprietary platforms.
“The objective behind the creation of Adapt-IT was for a black owned and managed IT company to be the best information, communications and telecommunications solutions’ provider, to empower previously disadvantaged communities and to do it at affordable prices,” he says.
“This year we won the SmartXchange ICT Company of the Year award. SmartXchange is a not-for-profit Information and Communications Technologies cluster based in Durban, established to promote and support the region’s vision to be the technology hub of Africa.  Winning the award was a moment of intense pride for myself and the Adapt-IT team – our efforts are being recognised."
On his new role as group CEO of AdaptIT Holdings, Shabalala is quietly confident: “InfoWave was founded on a set of principles that are still valid today and which we will continue to promote as key to our success. The new AdaptIT Holdings will focus on niche and mainstream application solutions, both proprietary and custom-built, business consulting, and IT outsourcing.
"I am looking forward to the challenge ahead; this KZN company is ready for the next era of growth and opportunity, and I know we have the team in place to take us there.  We will be a major contributor in KwaZulu Natal’s drive to become a significant IT hub in Africa.
“No immediate changes are planned for the short term relative to daily operations.  Business will continue as usual and we are committed to our existing customers service and delivery needs."