Genesys to acquire Interactive Intelligence

Genesys will acquire Interactive Intelligence in a transaction valued at approximately $1,4-billion. Under the terms of the agreement, Interactive Intelligence shareholders will receive $60.50 per share in cash, representing a premium of 36% to Interactive...

Last lifeline for Africa’s elephants?

International wildlife charity, Born Free Foundation, has described the transcontinental figures released last week on savannah elephants as “profoundly sobering”. In 1979, there were some 1.3-million elephants in Africa, but now a new transcontinental...

SA gets second licenced stock exchange

4 Africa Exchange (4AX) has been granted an exchange licence by the Financial Services Board (FSB) to become the next licenced exchange in South Africa, catering for companies seeking a listings alternative. “We are delighted to have secured our licence,”...

The EC, Apple spat explained

Last week, the European Commission set the cat among the pigeons when it declared that Ireland gave illegal tax benefits to Apple and that the IT behemoth should “pay back the money”. In this article, Louis Botha from attorneys Cliffe Dekker Hofmeyr...

Growth streak for production printers

The worldwide production printer market maintained its growth streak in the second quarter of 2016 (2Q16), recording a 10% increase in shipments year over year. Unit shipment value also increased 3.4% to more than $1.1-billion in the same time period, according to...

Samsung confirms Note7 recall

Samsung has confirmed a global recall of its Galaxy Note7 due to a battery problem. In a statement, the company says: “Samsung is committed to producing the highest quality products and we take every incident report from our valued customers very seriously. In...