T-Systems to acquire Intervate
T-Systems in South Africa is to acquire Intervate, a specialist provider of enterprise information management (EIM) solutions that assist organisations with improving productivity and collaboration, reducing costs and increasing compliancy. With the acquisition of...Investec buys, warehouses MBT shares for BEE partner
Investec Private Equity, the major shareholder in MB Technologies, has purchased the 55% stake previously held by Royal Bafokeng Holdings with effect from 31 December 2013. The shares have been purchased on a warehousing basis and MB Technologies and its shareholder...Revenue growth for Citrix Q4, year
Citrix Systems has reported financial results for the fourth quarter and fiscal year ended 31 December 2013. For the fourth quarter of fiscal year 2013, Citrix achieved revenue of $802-million, compared to $740-million in the fourth quarter of fiscal year 2012,...Lenovo buys Motorola division
Lenovo has once again surprised the industry, this time by acquiring the Motorola Mobility smartphone business from Google for close to $3-billion. With a strong PC business and a fast-growing smartphone business, this agreement will significantly strengthen Lenovo’s...