4Di Capital closes R256m for tech venture capital fund

South African venture capital firm 4Di Capital has announced the successful first closing of R256-million in initial commitments for a new technology venture capital fund. The major investor in the fund has been revealed to be Exponential Ventures, the externally...

Fortinet acquires AccelOps

Fortinet has announced its acquisition of AccelOps, a leading provider of network security monitoring and analytics solutions. The acquisition further extends Fortinet’s recently announced Security Fabric strategy by enhancing network security visibility,...

Informal Solutions acquires M4JAM

Telco product distributor, Informal Solution Providers has announced its acquisition of micro-jobbing platform, M4JAM (Money for Jam). Informal Solution Providers will trade under the name M4JAM. The acquisition helps turn Informal Solution’s plan to build an...

Telkom moves networks team into Openserve

More than 8 600 employees from the network division at Telkom have been formally integrated into Openserve, South Africa’s largest communications infrastructure provider with the biggest broadband network. In October 2015, Openserve was launched as the...

Eaton appoints new MD for Africa

Power management company Eaton has announced the appointment of Seydou Kane as MD for the Africa region, effective from 1 June 2016. Seydou replaces Shane Kilfoil who will be moving to a global role within Eaton in the US. Seydou will bring a wide-ranging experience...

Standard Bank Incubator partners with Startup Grind

The Standard Bank Incubator has announced a partnership with Startup Grind, a global start-up community powered by Google for Entrepreneurs. Startup Grind is designed to educate, inspire, and connect entrepreneurs. The initiative hosts monthly events in 200 cities and...