Intergreatme raises R27m via crowdfunding

mergent South African regtech player Intergreatme has raised over R27-million – R3-million over its original target – in just 72 hours, following its launch last Tuesday of its public equity drive via Uprise Africa’s crowdfunding platform. Most of...

Thesele takes 40% stake in Knowledge Integration Dynamics

Thesele Group (Thesele) has bought a 40% stake in Knowledge Integration Dynamics  (KID), marking the investment holding company’s first foray into the ICT space, and making KID South Africa’s largest black-owned focused data management solutions company. The...

StorTech becomes Nexio

StorTech, long associated with high quality storage, data centre technology and networking solutions, has announced the launch of a new corporate brand identity, name and tagline. The organisation will now be known as Nexio, and the company’s new tagline is...

Eaton reinforces benefits of Ulusoy Elektrik acquisition

Eaton Africa’s recent acquisition of a controlling interest in Ulusoy Elektrik, a leading manufacturer of medium voltage electrical equipment based in Ankara, Turkey, is set to improve the ability to develop innovative power solutions for the African market. The...

F5 completes acquisition of NGINX

Multi-cloud application services provider F5 Networks has completed the acquisition of NGINX, an open source application delivery vendor. On 11 March 2019, F5 announced that it had entered into an agreement to acquire NGINX. The combined company will enable...