Runtastic joins Adidas Group

Runtastic has joined the Adidas group. The company’s CEO Florian Gschwandtner confirmed the news last week, stating that it was time to take the next step. Runtastic had already been a part of the Axel-Springer company (owning 50,1% since October 2013) which has...

Infor to acquire GT Nexus

Infor has announced it has entered into an agreement to acquire GT Nexus, the world’s largest cloud-based global commerce platform, for $675-million. The deal is expected to close within 45 days, pending regulatory approval.Approximately 25,000 businesses rely...

Tintri raises $125-million in financing

Tintri, a leading producer of VM-aware storage (VAS) for virtualisation and cloud environments, has announced the close of a $125-million Series F round led by Silver Lake Kraftwerk. Tintri’s existing investors – Insight Venture Partners, Lightspeed Ventures,...

New chief sales officer for Seacom

Seacom, the African network provider and telecoms enabler, has appointed Steven van der Linde as chief sales officer. He will be responsible for growing group revenues as well as leading customer engagement and strategic channel development at Seacom.He brings to his...

Ricoh SA commits to Western Cape

Ricoh SA’s Cape Town office has made two senior appointments as it continues to support the strong Western Cape market for production print services, managed document services, business process services and communication services. Linzy Green is strategic account...

TransUnion appoints new CEO for subsidiary

TransUnion, a trusted provider of global information solutions for assessing and managing risk, has announced the appointment of Derick De Vries as CEO of TransUnion Auto Information Solutions, a wholly owned subsidiary of TransUnion Africa. He has also been appointed...