This article contains content that is written like an advertisement .(November 2023) |
Company type | Public Company (JSE) |
---|---|
ISIN | ZAE000017745 |
Industry | Information Technology |
Founded | 1986 |
Headquarters | , |
Key people | Jens Montanana, CEO [1] |
Revenue | |
Number of employees | 8000+ |
Website | http://www.datatec.com |
Datatec Limited, also known as Datatec Group, is an international ICT solutions and services group operating in more than 50 countries across North America, Latin America, Europe, Africa, Middle East, and Asia-Pacific. Through three core divisions, the Group offers Integration and Managed Services (Logicalis International and Logicalis Latin America) and Technology Distribution and Financial Services (Westcon International).
Datatec was founded in 1986 by Jens Montanana, who became the company's first CEO. [3] The company's shares started trading on the Johannesburg Stock Exchange in December 1994, with share code DTC. [3]
In 1996, Datatec launched a joint venture with UUNET to form UUNET Africa, an internet service provider. [4]
In 1997, the company began its international expansion and acquired UK-based IT firm Logical Networks, [5] which later changed its name to Logicalis. [6]
In June 1998, Datatec acquired a 92.5% stake in US distributor Westcon, for $160 million. The company then consolidated its five continent distribution business under the Westcon brand. [7]
In 1999, Datatec acquired communications consultancy Mason Communications. [8]
In November 2000, the company announced it was selling its stake in UUNET Africa to WorldCom. [9]
In 2004, Datatec acquired UK-based telecommunications research and consultancy firm Analysys for £12.8 million. Analysys was merged with Mason Communications and the new company was renamed Analysys Mason Group (AMG). [10]
In October 2006, the company was listed on the Alternative Investment Market (AIM) of the London Stock Exchange. [3]
In May 2014, the company spun off Mason Advisory from Analysys Mason, to focus on IT, cloud, security and mobile technology consulting. [11]
In June 2017, Datatec announced it was selling the North and Latin American operations of Westcon-Comstor, along with 10% of the remaining part of Westcon (Westcon International) to Fremont, CA-based IT supply chain services company Synnex, for a reported consideration of up to $830 million. [12]
In October 2017, Datatec announced they were planning to delist their secondary listing on the London AIM market on 8 December of that year, due to limited liquidity of the shares on AIM. [13]
In May 2018, Logicalis Group, a subsidiary of Datatec, has signed an agreement to acquire 100 percent of the issued share capital of Coasin, a Chilean ICT services provider that also operates in Peru. [14]
In August 2020, Datatec announced that its subsidiary Logicalis Latin America had acquired a 30% stake in Brazilian Kumulus. [15]
In June 2021, Logicalis Group acquired Siticom, a 5G integrator based in Germany. [16]
In July 2022, the business disposed of its management consulting subsidiary, Analysys Mason, for £210m (R4.12bn) to UK fund manager Bridgepoint Development Capital. [17]
Datatec's companies have three main divisions:
UUNET, founded in 1987, was one of the first and largest commercial Internet service providers and one of the early Tier 1 networks. It was based in Northern Virginia. Today, UUNET is an internal brand of Verizon Business.
Hellenic Telecommunications Organisation S.A. is the largest technology company in Greece. It is one of the three largest companies listed in the Athens Stock Exchange, according to market capitalization.
iconectiv supplies communications providers with network planning and management services. The company’s cloud-based information as a service network and operations management and numbering solutions span trusted communications, digital identity management and fraud prevention. Known as Bellcore after its establishment in the United States in 1983 as part of the break-up of the Bell System, the company's name changed to Telcordia Technologies after a change of ownership in 1996. The business was acquired by Ericsson in 2012, then restructured and rebranded as iconectiv in 2013.
Liberty Global plc is a multinational telecommunications company with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Plc, Liberty Global B.V. and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).
MTN Group Limited is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg. As of December 2022 MTN recorded 289.1 million subscribers. MTN is among the largest mobile network operators in the world, and the largest in Africa.
PSINet was an American internet service provider based in Northern Virginia. As one of the first commercial Internet service providers (ISPs), it was involved in the commercialization of the Internet until the company's bankruptcy in 2001 during the dot-com bubble and acquisition by Cogent Communications in 2002.
Dialog Axiata PLC, is one of Sri Lanka's largest telecommunications service providers, and the country's largest mobile network operator with over 17 million subscribers which amounts to 57% of the Sri Lankan mobile market. Dialog is a subsidiary of Axiata Group Berhad which owns 83.32% controlling stake of the company, while the rest is held by the public.
Neotel, previously SNO Telecommunications, is the second national operator (SNO) for fixed line telecommunication services in South Africa. It was unveiled on 31 August 2006 in Kyalami in Midrand. Neotel is South Africa's first direct telecommunications competitor to the current telecommunications parastatal, Telkom.
Kantar Group is a global data, insights, and consulting company based in London, England. It was founded in 1992, and has approximately 30,000 employees in over 90 countries working in various research disciplines, including brand guidance, brand strategy, social media monitoring, advertising effectiveness, consumer and shopper behaviour, and public opinion.
Softline was a South African enterprise software company that existed as an independent company between 1988 and 2003 when it was acquired by the UK-based multinational corporation The Sage Group plc. Sage continued to use Softline as a brand name until 2013 when all of Softline's products were re-branded as Sage.
Dimension Data is a company specialising in information technology services. Based in Johannesburg, South Africa, the company maintains operations on every inhabited continent. Dimension Data focuses on services including IT consulting, technical and support services, and managed services. The company is the official technology partner of the Tour de France, the Vuelta a España and also sponsored a team of the same name. In 2010, the company was fully acquired by Nippon Telegraph and Telephone (NTT). On 1 July 2019, all Dimension Data operations, excluding those in the Middle East and Africa, became part of NTT Ltd.
Synnex was an American multinational corporation that provided information technology (IT) services to businesses. It merged with competitor Tech Data to form TD Synnex. It was founded in 1980 by Robert T. Huang and based in Fremont, California. As an information technology supply chain services company, it offered services to original equipment manufacturers, software publishers and reseller customers.
Mercer is an American consulting firm founded in 1945. It is one of the four operating subsidiaries of global professional services firm Marsh McLennan. Mercer is headquartered in New York City with offices in 43 countries and operations in 130 countries. The company primarily provides human resources and financial services consulting services to its clients.
NTT DATA Corporation is a Japanese multinational information technology (IT) service and consulting company headquartered in Tokyo, Japan. It is a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT).
nexign is a billing company in Russia that provided the first Russian billing system for mobile operators. The company was established in 1992 as Peter-Service.
Internet Solutions (IS) is an Internet services provider for public and private sector organisations. It is a wholly owned subsidiary of the Dimension Data Group and part of NTT.
Afrihost is a South African Internet Service Provider (ISP) providing a number of services, including ADSL broadband, fibre, fixed wireless, mobile services and web hosting. A proposed merger with Cool Ideas, another ISP, has been approved by regulators.
KORE Wireless Group specializes in Internet of Things (IoT) systems. It is headquartered in Atlanta, Georgia. In March 2021, KORE and Cerberus Telecom Acquisition Corp. announced a definitive merger agreement. Upon completion of the transaction, the combined company, which has a pro forma valuation of $1.04 billion, expects to be listed on the New York Stock Exchange under the ticker symbol “KORE”.
BICS is active in digital communications, cloud communication services, mobility and IoT for telecom players, Virtual Network Operators, service providers, enterprise software providers and global enterprises. It is a subsidiary of Proximus Group. The company was founded in 1997 and is headquartered in Brussels, Belgium with sales offices and Service Operation Centers worldwide, including Dubai, Singapore, Bern, San Francisco and New York. BICS provides services across more than 200 countries, carries around 50% of the world's data roaming traffic and partners with more than 500 mobile operators. In 2021 BICS carried over 20.8 billion minutes of international traffic and generated revenues for 999 million Euros.
Lesaka Technologies is a South-African financial technology company that is listed on the NASDAQ and Johannesburg Stock Exchange .Lesaka’s primary focus is on financial inclusion, offering financial services to previously underserved communities and merchants.