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...

MiX Telematics delivers business growth

MiX Telematics has announced financial results for its fourth quarter and for its full fiscal year 2019, which ended on 31 March 2019, delivering a strong performance and substantial growth across key markets. “I am proud to say that we have again ended another...

Philip Myburgh heads Standard Bank’s Beijing retail banking

Standard Bank has announced the appointment of Philip Myburgh as the executive head of personal and business banking (PBB) for its Africa China business unit. Myburgh will be based in Beijing effective 01 June. The introduction of a dedicated PBB Head in Beijing...

Huge Group buys into Pansmart

Huge Group has concluded an agreement to acquire an interest in Pansmart by way of a subscription of shares. The acquisition will give the company control over an authorised distributor of Panasonic’s voice, video and CCTV products. Pansmart is a challenger in...