Feeds

Datatec interim profits up five-fold

Company will brand Logical name worldwide

  • alert
  • submit to reddit

Seven Steps to Software Security

South African technology and services group Datatec reported turnover and profits up by a staggering 405 per cent and 513 per cent respectively, for its interim six months up to the end of September this year. The company, which has spent this year establishing a considerable presence in the UK, Canadian, Australian and French marketplaces, said its international operations now account for over 75 per cent of its operating profits. And Datatec said it will continue to expand by acquiring foreign firms, not only in Europe and Australia but also in North America. Network integration is the main cash cow, according to the company. Companies Datatec has acquired recently include US company Westcon, UK firm RBR and, more recently Network SI. Jens Montarana, Datatec's executive chairman, said that all of the businesses it has acquired will trade under the Logical brand. Montarana said that Datatec's intention was to make Logical a leading international brand. The company will also make inroads into the e-commerce market. It has a joint venture with SA retail group Wooltru and has started the "Web Factory" to mirror the group's UK business, he said. ®

Boost IT visibility and business value

More from The Register

next story
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.