3M concludes Acelity acquisition

3M has completed its previously announced acquisition of Acelity, and its KCI subsidiaries worldwide. Acelity is a global medical technology company focused on advanced wound care and specialty surgical applications marketed under the KCI brand. “This...

DAC Systems achieves next level B-BBEE grading

IT services provider DAC Systems has advanced to the next level of broad-based black economic empowerment (B-BBEE). DAC Systems is now officially recognised as a Level 1 contributor, which means that customers will be able to reflect 135% of their procurement spend on...

Howler gets second round of investment

One of South Africa’s leading event ticketing and cashless platforms, Howler, has secured a second round of growth capital investment from three partner companies: Techstars, Platform Investment Partners Growth (Platform Growth) and Platform45. Howler is already...

IFS outpaces the market in 2019

IFS has announced its financial results for the full year ended 31 December 2019 with seven consecutive quarters of three-times the market average growth. During every quarter of 2019, every region and every line of business delivered double digit growth. IFS saw its...

Global technology industry deals total $38.82bn in December

Total technology industry deals for December 2019 worth $38,82-billion were announced globally, according to GlobalData’s deals database. The value marked a decrease of 27,9% over the previous month and a drop of 17,3% when compared with the last 12-month...

Cell C board appointments strengthen governance

The Cell C board has announced the appointment of two independent non-executive directors, Sindi Zilwa and Mark Nelson-Smith, who join the board with immediate effect. Zahir Williams, Cell C’s chief legal officer, also joins the Board as Company Secretary and...