Feeds

Datatec buys Network Si

Will merge into Logical Networks

  • alert
  • submit to reddit

High performance access to file storage

Datatec UK has splashed out again - - this time on Network SI, the venerable networking equipment reseller . The South African-owned conglomerate is paying £8.5 million upfront for the company. No earn-out is attached to the deal. Network SI, the third UK reseller bought by Datatec in a year, will merge into the group’s Logical business. Network SI turned over £16.5 milllion for FY98. The company was carved out of ACT, long since dissolved into Misys, and Mitsubishi Electric PC Company. Pro forma Logical Networks UK revenues are £85 million per year, following the takeover. Datatec has strengthened its M&A management team, with the appointments of Bob “Sonix”Jones and John “USR”McCartney as deputy chairman, who join executive chairman Jens Montanana. Jones and McCartney joined the Datatec board as NEDs in June. ®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
Analysts: Bright future for smartphones, tablets, wearables
There's plenty of good money to be made if you stay out of the PC market
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.