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Articles about Datatec

Datatec: turnover and profit went south in tough fiscal '14

Global tech goliath Datatec Group was left counting the cost of a botched ERP upgrade, margin chomping competition and legacy vendor claims at its distie wing Westcon in a year of declining profit. The South Africa-listed firm managed to push up revenues eight per cent to $5.69bn during fiscal '14 ended 28 February, helped by a …
Paul Kunert, 14 May 2014
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Datatec: Oh no, EPS will be 20% lower than we expected

Enterprise tech group Datatec's share price has dived after it issued a warning that profit for this fiscal may be at least some $13m lighter than forecast, blaming distie wing Westcon US for the bottom line decline. Group revenues for the year ended 28 February are expected to remain in line with projections of $5.6bn to $5.8bn …
Paul Kunert, 15 Jan 2014

US ERP roll out amid a downturn? That's what hit Datatec in H1

A twitchy Datatec today pulled down full-year revenue guidance at the half-way point of fiscal '14 blaming choppy waters around its distie biz Westcon as well as a complex ERP roll out for zapping sales. The South-Africa listed giant, which also houses integrator Logicalis and a consulting arm, said sales for the six months to …
Paul Kunert, 16 Oct 2013

Datatec pours mixed cocktail of fiscal '13 numbers

Tech group Datatec was not yet ready to call an end to market uncertainty across the globe following a mixed turnout for its distribution and integration units in fiscal '13 ended February. Group sales at South Africa-listed Datatec climbed four per cent to $5.25bn including $185m from acquisitions, but operating profit fell six …
Paul Kunert, 15 May 2013

Datatec sets off profit drop klaxon as Westcon sales slip

South Africa-based channel powerhouse Datatec issued a sales and profit warning this morning after revealing weaker than expected trade in its distribution wing Westcon. The group, which also owns UK-headquartered integrator Logicalis, said revenues are now estimated to be roughly $5.4bn for fiscal 2013, ending 28 February, …
Paul Kunert, 16 Jan 2013
channel

Datatec hits $5bn sales milestone, profits rise

Preliminary numbers from channel behemoth Datatec – parent of distie Westcon and integrator Logicalis – show it has broken the $5bn sales barrier, but they also reveal that IT spending in the UK remains "very weak". For the year ended 29 February, the group expects revenues of roughly half a billion dollars, up from $4.3bn in …
Paul Kunert, 15 Mar 2012
European Union Flag

Rest of world catching Eurozone plague, warns Datatec

Economic malaise in the Eurozone is spreading to the global stage, channel behemoth Datatec has warned. Despite this, the parent of distributor Westcon and integrator-cum-managed-services-provider Logicalis said in an interim management statement that sales had risen across the group in the last four months. "Trading and …
Paul Kunert, 18 Jul 2012
channel

Datatec on the hunt for acquisitions

Channel conglomerate Datatec is on the lookout for further acquisition targets after pushing up its top and bottom lines in the first of the year. The parent of distributor Westcon and integrator Logicalis pushed up group sales 14 per cent to $2.44bn (£1.54bn) and profit before tax climbed 109 per cent to $60.7m (£38.5m) in H1 …
Paul Kunert, 12 Oct 2011
hands waving dollar bills in the air

Steady as she goes at Datatec

Datatec has issued an upbeat trading statement claiming that profits and sales at its integration arm Logicalis and distribution business Westcon continue to improve. The South Africa-based giant said top and bottom lines for the four months ended 30 June were up on the same period a year ago, and the group remains on track to …
Paul Kunert, 20 Jul 2011

Westcon: 'What we need is a cloud brokerage biz.' One buyout later...

Tech group Datatec has hoovered up a second biz this week after confirming the $12m acquisition of US-based fluffy white services brokerage Verecloud. The buy will be bolted onto distribution subsidiary Westcon, days after Datatec’s integrator arm Logicalis hoovered up German software firm ituma. The cloudy rig that Veracloud …
Paul Kunert, 04 Sep 2014

Logicalis tap up software developer, buys majority stake

Analysts and vendors are constantly telling channel partners to move sideways into software development and Logicalis has done just that by grabbing a majority stake in German outfit ituma. This hands Logicalis, part of the Datatec stables, the “exclusive” rights to the minnow’s proprietary software-based WiFi platform and some …
Paul Kunert, 02 Sep 2014
Brazil flag

Logicalis: World Cup and IBM kit drop-off hit us hard in H1

Excitable Brazilian firms initiated a network spending freeze during the World that led to a $50m drop-off in kit sales for Logicalis, the integrator’s parent company Datatec said today. Turnover for the first half of fiscal 15 ended August came in seven per cent below the same period a year ago at $714.4m, which when coupled …
Paul Kunert, 15 Oct 2014

Logicalis swallows Jersey-based iConsult

Logicalis Group has devoured Jersey-based hosted-services minnow iConsult for an undisclosed sum. The integrator, part of Datatec Group, took over the Channel Islands business of fallen 2e2 earlier this year, which operates from Guernsey. Now this latest buy gives it a base in Jersey. Jens Montanana, chief exec at Datatec, said …
Paul Kunert, 14 Oct 2013

Westcon Group consumes sister biz Intact Integrated Services

Datatec-owned enterprise distie Westcon Group (WG) is to swallow sister company Intact Integrated Services to beef up margins by selling project, support and managed services, primarily on Cisco kit. The move is part of a wider play to consolidate all services operations under a single roof, and highlights efforts by WG to give …
Paul Kunert, 24 Apr 2014
hands waving dollar bills in the air

Datatec scoops up Intact

Logicalis Group has spun out Intact Integrated Services, which will now run as a self-sufficient subsidiary of Datatec Ltd. The company, which provides project, support and managed services to the ICT industry, confirmed yesterday that Datatec will assume a majority share of the new Intact Holdings Ltd. It specialises in …
Kelly Fiveash, 05 Mar 2009
Pacman

Datatec buys Indian distie for Westcon expansion

Datatec has bought a 50.01 per cent stake in an Indian distie called Inflow Technologies Private Limited. Inflow management and other shareholders will retain the remaining 49.99 per cent. Terms are undisclosed. Inflow specialises in networking, storage and security products and operates in nine cities in India, and also in Sri …
Team Register, 11 Sep 2008
management regulation8

Logicalis CEO Bullard heads for exit after less than 60 days

It was a short-lived reign at the top of Logicalis for CEO Garry Bullard, who has cut and run after less than two months in charge, The Channel can reveal. The man arrived in December armed with a CV positively dripping in high-profile industry roles – including Logica UK CEO, IBM Global Services GM and president of BT Global …
Paul Kunert, 27 Jan 2014
management management4

Former BT and IBM GS president rocks up at Logicalis

Logicalis Group has brought in former Logica and BT exec Gary Bullard as CEO to replace outgoing boss Ian Cooke, who is set to retire from the role and become the firm's non-exec chairman. The network integrator will usher in the new big cheese from next month as "CEO designate" but Cooke does not leave until 1 March. The head …
Paul Kunert, 14 Nov 2013
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Westcon bidding farewell to chief bean counter

Westcon has waved goodbye to long serving chief abacus stroker John O'Malley who resigned after nearly 14 years service The industry veteran was made CFO in 1999 and added exec veep to his title in 2006. He leaves on 3 June to "pursue other business opportunities", parent company Datatec has confirmed. Group president and CEO …
Paul Kunert, 24 May 2013
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Datatec updates earnings

South African networking provider Datatec told investors today that it expects to make a profit for recently finished financial year. The firm is still sorting through figures for the year ended 28 February 2005 which should be ready 18 May. Datatec hopes to make a "headline" profit of between three and four US cents a share …
John Oates, 25 Apr 2005

All change at the top of Westcon as CEO Douglas exits

Westcon Group has confirmed that Dean Douglas' four-year plus stint as CEO will end in January when Dolph Westerbos rolls into town amid sliding profits. The enterprise distie - networking, security and unified comms - revealed that Douglas - who sat in the CEO hot seat from 1 April 2009 - is to leave the business to "take up …
Paul Kunert, 03 Dec 2013
channel

Datatec makes BEEline for SA merger

Datatec, the South African-owned networking dealer, is merging its home country operations with a black-owned business, African Legend Technologies (ALT). The enlarged group is to be called African Legend Indigo (ALI) and has pro forma annual revenues of R800m (c. £61m)- of which Datatec contributes 500m (£38m) and ALT the rest …
Team Register, 11 Jul 2006
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Logicalis CEO serves notice. Ring, ring: Hi, Mr Ballmer? A minute of your...CLICK

Headhunters are scouring the industry for a successor to Logicalis CEO Ian Cook, who it emerged today is standing down at the end of February. Cook rocked up at the IBM and Cisco integrator as CEO of European operations in 2003 and three years later was handed the top operational job. He will become Logicalis chairman from the …
Paul Kunert, 02 Sep 2013
The Register breaking news

Datatec buys Analysys for £12.8m

Datatec International - the global arm of South Africa-based Datatec - has acquired UK-based telecoms analysts Analysys for £12.8m. As part of the deal a new company called Analysys Mason Group (AMG) is to be created combining Analysys and Datatec's existing telecoms consultancy, Mason Group Limited. According to the blurb, …
Tim Richardson, 11 Aug 2004
The Register breaking news

Datatec snaps up US dealership

Datatec is making its debut in the US reseller market through the acquisition of HP specialist dealer Bloomfield Computing Solutions. South African-based Datatec is divvying up $30 million upfront for BCS, and will pay a maximum up to $102 million, if BCS meets profit targets. Based in Michigan, BCS sells exclusively HP …
A staffer, 25 Jan 1999
The Register breaking news

Datatec climbs down over insider dealing fines

Two directors of Datatec, the South African-owned networking reseller-cum-distie, are to pay fines of one million rand, (about £80K)imposed for insider dealing, from their own pockets. CEO Jens Montanana and FD Robin Rindel's initial intentions were for for Datatec itself to pick up the tab provoked a furious attack from South …
Drew Cullen, 11 Oct 2001
The Register breaking news

Datatec splashes red ink

Datatec, the South African-owned networking equipment reseller, fell into the red for the year to Feb end. The company blames the cost of restarting the European reseller operations of Landis and a strong rand for what it calls the "headline loss" of -R224m before tax on revenues of R20.2bn (approx US $2.6bn). Also, Datatec's …
Drew Cullen, 21 May 2003
The Register breaking news

Datatec buys Network Si

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 …
Drew Cullen, 12 Oct 1998
The Register breaking news

Datatec interim profits up five-fold

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 …
Mike Magee, 06 Nov 1998
Logicalis

Logicalis profits throttled by tight-fisted biz

Logicalis UK has been hit by a freeze in demand as customers weathered the biting economic storm. The British subsidiary saw sales edge up 1 per cent to $296m (£185.8m) year-on-year and a 24 per cent fall in earnings before interest, taxes, depreciation and amortization to $9.7m (£6.09m) for fiscal 2012 ended February. At group …
Paul Kunert, 16 May 2012
The Register breaking news

Datatec mops up Anite Aussie ops

Datatec is extending its Anzac presence with the £10.8 million acquisition of the Australian and New Zealand networking integration businesses of Anite Group plc. The South African-owned IT company will fund the purchase through a private share placing. In November, Datatec paid "up to $25.9 million" for Aussie reseller CNI …
Drew Cullen, 23 Jun 1999

2e2 rescue deal: Daisy swoops in, grabs data centre ops

Acquisitive telco player Daisy Group is taking control of defunct 2e2's data centre operations. Under the terms of the deal, Peter Dubens, owner of Oakley Capital and chairman at Daisy Group has created a special purpose vehicle Daisy Data Centre Solutions to buy the business and assets which include server farms in Gateshead …
Paul Kunert, 15 Feb 2013
The Register breaking news

Datatec says g'day to CNI

South Africa's third-biggest IT company, Datatec Ltd, has said it will pay up to $25.9 million for Australia's CNI Group (Pty) Ltd to expand its network services activities in Asia. The acquisition represents the next step in Datatec's strategy of creating a world-wide network-based systems integration group under the company's …
Tim Richardson, 11 Nov 1998
The Register breaking news

Datatec takes IBM's Helm

Datatec has poached IBM's Rikke Helms to head its Logical arm. Helms will join the South African-based networking group as chief executive of the Slough division this summer. She will help develop Logical's e-business system. Helms joins from Big Blue where she helped steer IBM toward its emphasis on ecommerce as VP of ecommerce …
Linda Harrison, 24 May 1999
Logicalis

Logicalis CEO reveals blueprint for gobbled 2e2 Euro biz

Logicalis CEO Ian Cook says his biz will use the IT Service Management (ITSM) unit in the Dutch operation acquired from 2e2 as a consulting "centre of excellence" for the entire group. Integrator Logicalis - owned by Datatec - yesterday coughed up €24m for 2e2's businesses in Spain, the Netherlands, Ireland and the Channel …
Paul Kunert, 05 Mar 2013

Logicalis coughs up €24m for 2e2's Euro ops

Logicalis Group has coughed €24m for 2e2's European operations, it confirmed in a stock market statement this morning. The deal includes the IBM system integration biz in Spain - which is still trading under the Morse brand; the NetApp and HP enterprise reselling outfit in Ireland; a managed service operation in the Channel …
Paul Kunert, 04 Mar 2013
The Register breaking news

Datatec continues its UK buy-up bender

South African distributor Datatec is to splash out as much as £41 million on networking reseller Satelcom, continuing its UK shopping spree. Datatec will make an initial payment of £14 million, with the balance depending on Satelcom’s pre-tax profit performance for 1998-2000. Satelcom founders Brian Jacobs and Ian George each …
Linda Harrison, 27 Jan 1999
The Register breaking news

Datatec scoops up RBR Networks

Datatec Ltd has plugged a huge gap in its networking equipment franchise line-up with the £25 million (including performance guarantees) purchase of Cisco-only distributor RBR Networks. With sales projected to reach £80 million this year, RBR says it accounts for more than 50 per cent of Cisco sales through the UK channel. The …
Drew Cullen, 17 Sep 1998
The Register breaking news

Datatec directors pay up on insider trading charges

Two Datatec directors have paid fines of 1 million rand (think 10 rand to the pound) to square insider trading allegations levelled at them by South Africa regulators. The pair, executive chairman and founder Jens Montanana and finance director Robin Rindel deny the charges but say it was easier to settle. Datatec, a …
Robert Blincoe, 23 May 2001
cloud

Cisco pays millions to end DoJ probe

Cisco Systems and distie Westcon Group North America, owned by South African firm Datatec, are to pay $48m to end an investigation by the US Department of Justice into overcharging. The multi-million dollar settlement will end an investigation into allegations that the two companies knowingly provided incomplete information …
John Oates, 08 Sep 2010
The Register breaking news

Datatec buys US Cisco distie

Westcon Group has paid $500 million for GE Capital’s connectivity distributor Comstor.net. Washington-based Comstor.net, which mainly distributes Cisco kit, will become a part of RBR Networks – a subsidiary of Westcon's parent group Datatec. The two will create a global sales and marketing division to support Cisco resellers, …
Linda Harrison, 28 Jul 1999
For Sale sign detail

Logicalis coughs $34m for Netarx

Logicalis has paid $34m for US IT services biz and fellow Cisco Gold partner Netarx. The Detroit-based firm, founded in 1997, employs 220 staff and has annual revenues of roughly $60m built on the back of managed services, data centre and collaborative IT solutions. "This acquisition builds on the already strong position held …
Paul Kunert, 04 Jul 2011
homeless man with sign

Logicalis hires industry veteran as UK sales boss

Logicalis has brought in former CA Technologies big cheese Chris Miller as sales director, The Reg can reveal. During more than 14 years at the security vendor, Miller was UK sales manager, senior veep of EMEA operations and a senior veep upon returning to the UK and Ireland. Most recently he was the CEO at DediPower Managed …
Paul Kunert, 20 Oct 2011
The Register breaking news

Datatec reduces debt with UUNET SA sale

Datatec, the South African-owned networking equipment reseller and distributor, is flogging its 76 per cent stake in UUNET SA to Worldcom for $138.5 million. Datatec announced in November its intention to sell the business to Worldcom. It will use the proceeds to reduce debt and to buy back shares. According to Reuters, the …
Drew Cullen, 26 Jan 2001
channel

Logicalis seals CSF Solutions deal

Logicalis UK has upped its stake in the market for big old iron by snapping up CSF Solutions. Logicalis, which is part of the South Africa-based Datatec group, said CSF Solutions brought with it strong relationships with IBM and HP, and a “longstanding customer base” including blue chip clients. CSF Solutions, previously a …
Joe Fay, 04 Dec 2006
Warning Go

Logicalis eyes UK acquisitions

Bosses at reselling monster Logicalis may be on the look out for a UK managed services acquisition, after revenues crept towards $1bn for the last year. Last week, the firm reported revenue growth of 37 per cent for the year ending 28 February, including $43m from acquisitions made during the year. Sales hit $696m, and chief …
channel

Logicalis UK buys Notability

Logicalis, the reseller arm of the South African Datatec group, has bought Notability, a Surrey, UK IBM business partner, for an undisclosed sum. Notability gets a new name - Logicalis Computing Solutions - and brings on board annual revenues of £30m a year. At the same time Logicalis is combining its former Logicalis UK and …
Team Register, 02 Mar 2005
The Register breaking news

Logical flogs French ops to MBO team

Logical, the Datatec-owned networking equipment reseller, is flogging its French ops to an investment constortium including the current management. Terms are undisclosed. In a statement Datatec and Logical Group chief executive Jens Montanana said the disposal was consistent with Logical's decision to concentrate on countries …
Drew Cullen, 22 Jul 2003
Pacman

Westcon catches Latin American minnow

Westcon, the specialist networking distie, is moving into Mexico and the Caribbean for the first time, through the acquisition of Cernet of America, and a sister Mexican company called Cernet Tecnologia en Telecomunicaciones. It won't break the bank - Westcon's purchase price will max out at $4.65m, gaining it a minnow that has …
Team Register, 05 Oct 2007
fingers pointing at man

Westcon dives into NOXS

Westcon Group has snapped up network security distie NOXS for €53.25m. Networking distie Westcon reckons the deal sets it up to become a “leading multinational distributor of network security products and solutions.” NOXS operates in the UK, Germany, Benelux, France, Ireland Italy and Austria. Its vendor roster in the UK …
Joe Fay, 27 Feb 2007