Altron to take over Altech
Altron has made an offer to acquire Altech. The amount payable by Altron to Altech shareholders will be settled with R47.50 in cash for every Altech share. Altech shareholders may elect to receive all or part of the consideration in the form of Altron participating...Vodacom reports revenue growth
Vodacom has announced that group revenue for the year was up 4,5%. Excluding the sale of Gateway Carrier Services and foreign currency impact, revenue was up 5,3% and service revenue was up 2,9%. Group data revenue was up 22,2%, and active data customers increased...Yahoo buys Tumblr for $1,1bn
Yahoo has reportedly agreed to buy blogging site Tumblr for $1,1-billion – Yahoo’s biggest purchase in a decade. Tumblr was set up six years ago, and has attracted a large audience of young Internet users. Tumblr members create their own blogs, sharing their...Android, iOS dominate market
Android and iOS, the number one and number two ranked smartphone operating systems (OS) worldwide, accounted for 92,3% of all smartphone shipments during the first quarter of 2013 (1Q13), as Windows Phone crept past BlackBerry for third place. According to the...Fitness monitors set to boom
Pumped up by demand from a wide range of users, including professional athletes and exercise enthusiasts, global shipments of sports and fitness monitors are set to total more than 250-million units during the next five years combined. Shipments will rise to...