Articles about Datatec

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
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

Westcon picks up Landis pieces

Westcon is to buy the networking distie assets of Landis, the stricken Dutch-owned firm, for the knockdown price of €7m. It assumes responsibility for 500 employees, fixed assets and customer contracts, but no debt and no liabilities. We guess there's a separate conversation going on for the products in Landis' warehouses. …
Drew Cullen, 26 Apr 2002
The Register breaking news

Westcon buys Landis

Westcon, the distie arm of Datatec, is to become Europe's biggest networking distributor through the acquisition of the distribution business of Landis, a Dutch-owned rival. Terms are yet to be finalised, but the two have signed a formal letter of intent. Landis will add E450 million sales to Westcon's turnover and 600 …
Drew Cullen, 16 Jan 2002
The Register breaking news

SA's finest chopped up for bush meat

The biggest tech news to come from South Africa (SA) this week was the shock report that Siltek, the holding company for a variety of mostly distribution-focused businesses, has applied for provisional liquidation. In recent years, Siltek conducted an aggressive acquisition drive, snapping up a variety of smaller IT companies …
James Watson, 16 Oct 2001
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 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
The Register breaking news

120 jobs lost as Logical exits PC business

Logical, the networking reseller arm of Datatec group, is withdrawing from the supply and maintenance of PCs and servers in the UK, with the loss of 120 jobs out of a total workforce of 400. Jon Davies, Logical worldwide marcoms director, said the corporate PC supply business was "a scale game in which we are no longer able to …
Drew Cullen, 07 Feb 2001
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
The Register breaking news

Intel shuts Internet café

Channel Flannel Intel has shut down its first and now almost certainly only Internet café. Situated in Malaysia, the store was intended to be a pilot for a chain extending through Asia, according to ZDNET. The chip giant said the store closed following accelerating Internet access in Malaysia. Staying in Malaysia, Dell is to open a second …
Drew Cullen, 15 Jan 2001
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Logical pulls plug on IPO

Logical, the networking reseller bit of South African IT group Datatec, has pulled its IPO just weeks before it was due to float on the London Stock Exchange.The company with sales of £364 million in 1999 was expected to carry a market cap of £1.5 billion, according to the Sunday Times. Market conditions are blamed. Merisel has …
Drew Cullen, 22 Oct 2000
The Register breaking news

RBR founder leaves to start new ventures

Rory Sweet has left RBR Networks to start two new networking businesses. The founder and chairman of Cisco distributor RBR -- this week renamed Comstor -- has set up a networking reseller in Cirencester called Zycko Ltd. Profits from Zycko will be used to start a company called E-cable.com, which will sell networking accessories …
Linda Harrison, 09 Mar 2000
The Register breaking news

Channel Flannel Extra

Update: Haven't got time to read this week's Computer Reseller News or MicroScope? Don't worry, we've read 'em for you. Here's our round-up of some of the channel weeklies' best stories. Computer Reseller News Ingram has launched an online auction for surplus stock. The distributor will primarily use the service to sell return-to-vendor …
Linda Harrison, 08 Mar 2000
The Register breaking news

Name change for Cisco distie RBR

RBR Networks has changed its name to Comstor and laid out its Web plans for the next twelve months. The UK distributor today switched its branding to cash in on the Comstor name – the existing US Cisco distribution business of parent company Datatec. The move is the first part of Datatec's plan to bring all its Cisco …
Linda Harrison, 06 Mar 2000
The Register breaking news

Cash Register: 15-21 Feb 2000

21 Feb 2000 WebTV propels e-district into financial stratosphere Virgin is to expand its Aussie mobile phone business. The group has signed a 50-50 deal with Optus – Australia's second-biggest mobile operator - to launch the service down under this autumn. Virgin also hopes to make similar agreements in continental Europe and …
Team Register, 29 Feb 2000
The Register breaking news

Cisco Euro-disties ratchet up service

RBR Networks, Datatec subsidiary and Europe's biggest Cisco distie, has launched a web site that will enable dealers to "find, quote for and order products more accurately and efficiently than ever before". The site is integrated with Cisco's Network Product Marketplace for resellers. Tech Data, which would like to be Europe's …
Staff writer, 18 Feb 2000
The Register breaking news

South African channel giant sees massive profit growth

Datatec saw profits rise 159 per cent thanks to "staying nimble" and an aggressive acquisition strategy. The South African group posted profit of R196 million (£19.6 million), on sales of R5.6 billion (£561 billion), compared to R2.6 billion (£260 billion). More than 90 per cent of the technology and services company's profit …
Linda Harrison, 11 Nov 1999
The Register breaking news

How much is a Cisco distribution franchise worth?

This article was first published in September 1998. How much is a Cisco distribution franchise worth? At least £30 million, according a surprising source, The News of the World - the UK's best selling newspaper, but not one noted for its business or technology coverage. It reveals that RBR Networks founders Rory Sweet and Ben …
Drew Cullen, 28 Aug 1999
The Register breaking news

South Africans swoop on European reseller scene

Analysis It helps when your business is not for sale. It helps, too, when your prospective buyer is one of the South Africans who seem to be paying top dollar for European channel companies. Latest on the scene is USKO, a Johannesburg Stock Exchange-listed company that has marked its arrival in the UK with the £15.5 million acquisition …
Drew Cullen, 28 Aug 1999
The Register breaking news

Workplace buys Lanbase

Analysis This article first appeared in November 1998 Consolidation is picking up speed in the UK network reseller market, with Network Si and Anite Europe both falling to South African-owned companies recently. The latest merger - namely the marriage of Workplace and LanBase Holdings - is an all-British affair. And it's a big one. …
Drew Cullen, 28 Aug 1999
The Register breaking news

Takeover on table for Workplace

Workplace Technologies saw its share price rocket 46 per cent yesterday after the company announced it was in takeover talks. By the time trading closed yesterday, shares in the Hertfordshire-based network reseller had jumped 68 pence to 213 pence. The company admitted it was at an "advanced stage of discussions which may, or …
Linda Harrison, 19 Aug 1999
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
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
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
The Register breaking news

Sonix-founder Jones resurfaces on Web

Bob Jones, the man who gave Sonix Communications to the world, has set up a company which plans to make the Internet as easy to use as the humble telephone. Equiinet has been backed with a £5 million venture capital injection from Schroder Ventures, which has backed Jones when he set up Sonix in 1992 with £2.1 million. He sold …
Sean Fleming, 30 Apr 1999
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 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

Cambridge IT firm sells out to South Africans

Black economic empowerment group PanTech has joined the ever growing list of South African companies hot on the acquisition trail in the UK. PanTech yesterday bought Cambridge-based Cruisequest, which will complement the South African company's IT division, BizTech. The UK consultancy and IT services company will become PanTech’ …
Linda Harrison, 04 Dec 1998
The Register breaking news

RBR Networks bouncing following increase in turnover

Former beté noire of the Cisco channel, RBR Networks, has cited its single-vendor focus as the reason for the increase in its turnover by around 100 per cent. The company’s marketing director, Jos White, said turnover had gone from £26 million to £47 million and pointed to year-on-year growth of 175 per cent over the last five …
Sean Fleming, 04 Dec 1998
The Register breaking news

RBR wins Cisco academic channel rights

Datatec subsidiary RBR Networks has gained the rights from Cisco to distribute its products into the academic sector. The distributor now wants to find 10 key resellers in the UK to specialise in targeting the potentially lucrative market, it said. As part of its accreditation scheme, it will give them training, technical …
A staffer, 12 Nov 1998
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 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
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 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

Anixter retires from European reselling business

Anixter International, the US networking and cabling distributor, is selling off its European network integration unit… because it says the $80 million t/o business is too small. The company is selling ACI (Anixter Communications and Integrations) to South African Persetel Q DataHoldings, for an undisclosed sum. The two …
Drew Cullen, 11 Sep 1998
The Register breaking news

09/09/98 Daily Digest

RBR sale “on the verge” RBR Networks founders Rory Sweet and Ben White are on the verge of “another mega-deal which could net them nearly £15 million each”, according to the News of the World. Channel speculation has centred around the imminent acquisition of RBR by Datatec, the South African-owned networking equipment reseller …