Fire hasn’t shut down Teraco data centre
Teraco says that its Cape Town data centre is currently running on generator power as a result of a fire in the Great Westerford Building in Rondebosch, Cape Town. Lex van Wyk, CEO of Teraco, says that the building has been evacuated and the fire department is in the...HP confirms Aruba Networks buyout
HP and Aruba Networks have announced a definitive agreement for HP to acquire Aruba, a provider of next-generation network access solutions for the mobile enterprise, for $24.67 per share in cash. The equity value of the transaction is approximately $3-billion, and...BCX enables forecourt Internet of Things
Business Connexion subsidiary UCS Technology Services (UCS TS), which offers the supply, installation and support of solutions to more than 1 450 service stations in southern Africa, has acquired 100% of the shares of Joint Venture Pumps Services (JVPS), effective 1...Mobile payment fraud a growing problem
As mobile payment solutions continue to become more widely used, mobile payment fraud is a growing concern. Avivah Litan, vice-president and distinguished analyst at Gartner, says on her blog that fraud in the mobile channel presents looming problems with mobile...Metrofile increases revenue and earnings
Metrofile Holdings will pay an interim gross cash dividend of 9 cents per share in respect of the six months ended 31 December 2014, up 28,6% from the previous year. Due to strong cash generation, the target dividend cover has been reduced to 1,75 times, as announced...