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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Datatec | LSE:DTC | London | Ordinary Share | ZAE000017745 | ORD ZAR0.01(DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 310.00 | 285.00 | 335.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDTC
RNS Number : 9886J
Datatec Limited
04 July 2017
4 July 2017
Datatec Limited
Logicalis acquires a majority stake in NubeliU to strengthen its position as cloud integrator
Datatec Limited ("Datatec"), the international Information and Communication Technology (ICT) group, announces that its subsidiary Logicalis Group Limited ("Logicalis") has acquired a 51% stake in NubeliU, a South America based company specialising in cloud computing projects based on OpenStack.
The acquisition is part of Logicalis' strategy to position itself as a cloud integrator, and strengthens its commitment to the opensource community, in particular with OpenStack, which is essential for large SDx (Software Defined everything) and cloud computing projects.
NubeliU was founded in January 2015 by the team that deployed the first production clouds in OpenStack which is seen as one of the foundations for the industry's future infrastructure. As a services company, NubeliU integrates OpenStack environments with customers' existing platforms across multiple vendor product lines. From its operations in Argentina and Brazil, it can deliver its service offerings remotely around the globe. This acquisition forms the basis for establishing a Logicalis Global OpenStack practice.
NubeliU's expertise in OpenStack will accelerate the global expansion of Logicalis' cloud computing and SDx practices, strengthening its position as a cloud integrator and ensuring its ability to meet its customers' requirements on their journey to digital transformation.
Jens Montanana, Datatec Chief Executive Officer, commented:
"This acquisition is an important step for Logicalis to enhance its position as a leading cloud integrator."
Enquiries:
Datatec Limited (www.datatec.co.za) Jens Montanana, Chief Executive Officer Ivan Dittrich, Chief Financial +44 (0) 1753 797118 Officer +27 (0) 11 233 3301 Wilna de Villiers, Group Investor Relations +27 (0) 11 233 1013 Jefferies International Limited - Nominated Adviser and Broker Nick Adams/Simon Hardy +44 (0) 20 7029 8000 Instinctif Partners Frederic Cornet/Keagile Makgoba (SA) +27 (0) 11 447 3030 Adrian Duffield/Chantal Woolcock (UK) +44 (0) 20 7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQUORNRBKABRAR
(END) Dow Jones Newswires
July 04, 2017 02:00 ET (06:00 GMT)
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