Technology innovation remains high in the sectors in which the Group operates as IT infrastructure migrates to cloud-based delivery, driving the need for more sophisticated software, services, storage, security and mobile device management. The Group continues to capitalise on this trend by leveraging existing business capabilities and through targeted acquisitions that address the needs of its customers and allows the Group to increase scale in its existing markets.
In FY15, the Group made a number of strategic acquisitions as detailed below and celebrated its 20th anniversary as a listed company on the JSE.
30 August 2014
Westcon acquired cloud services business Verecloud, Inc. (“Verecloud”). Verecloud’s cloud services platform aggregates best-in-class cloud solutions and services and acts as a brokerage, providing businesses with complete access and control of all their cloud applications from one portal. The platform was incorporated into Westcon’s Cloud Solutions Practice and forms the foundation for its cloud go-to-market solution which is designed to help resellers drive significant revenue from cloud-enabled services.
1 September 2014
Logicalis acquired a 51% shareholding in ITUMA GmbH (“Ituma”), a speciality software developer based in Germany. Ituma’s technology enables businesses to deliver Wi-Fi-enabled services such as 3D in-location navigation, product and service offerings access, product promotions and omnichannel retail ordering to its customers.
2 December 2014
Datatec celebrated the 20th anniversary of its listing on the JSE by sounding the kudu horn to mark the opening of the market on the day.
2 January 2015
Logicalis acquired German services and solutions provider inforsacom Holding GmbH (“Inforsacom”). Inforsacom is a provider of database, storage and infrastructure solutions and services with operations across the major economic centres of Germany. The acquisition will significantly enhance Logicalis’ scale and capabilities in the German ICT market.
15 January 2015
Datatec increased its shareholding in Logicalis’ subsidiary PromonLogicalis Latin America Limited (“PLLAL”) to 65%.