Datatec Limited Logicalis acquires a majority stake in NubeliU (9886J)

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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         [phone] 
  Officer                                [phone] 
 Wilna de Villiers, Group 
  Investor Relations                     [phone] 
 
 Jefferies International Limited - Nominated Adviser 
  and Broker 
 Nick Adams/Simon Hardy                 [phone] 
 
 Instinctif Partners 
 Frederic Cornet/Keagile Makgoba 
  (SA)                                   [phone] 
 Adrian Duffield/Chantal Woolcock 
  (UK)                                  [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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July 04, 2017 02:00 ET (06:00 GMT)