Mar 5, 2020
Altron has announced the confirmation of Mark Harris to the permanent role of MD of Altron Nexus. Andrew Holden, group chief operations officer, says Harris will report directly to him. Holden comments: “Mark has been acting as Altron Nexus MD for almost six...
Mar 5, 2020
Sophos has completed its acquisition by Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, in a cash transaction that values Sophos at approximately $3,9-billion. The acquisition offer was announced on 14 October 2019....
Mar 4, 2020
Short-term insurer King Price has confirmed its entry into the South African life insurance market after regulators this week gave the green light for its acquisition of life insurer Stangen from JSE-listed African Phoenix Investments, for R140-million. The move...
Mar 4, 2020
The Competition Commission has approved Altron’s acquisition of Ubusha Technologies. Altron acquired the identity security company in December 2019 in a deal worth R360-million. Altron chief executive Mteto Nyati says: “This acquisition was the springboard...
Mar 4, 2020
In 2017, the global mobile virtual network operator (MVNO) market was valued at $54,1-billion. According to Market Watch, it’s expected to register a compound annual growth rate of 8,8% from 2018 to 2023. Even in South Africa’s consolidating economy this...
Mar 2, 2020
Total technology industry M&A deals in January 2020 worth $10,22-billion were announced in the US, according to GlobalData’s deals database. The value marked an increase of 58,4% over the previous month and a drop of 24,9% when compared with the last...
