#Synnex merger tech data software
#Synnex merger tech data code
#Synnex merger tech data zip

Accenture acquired Gevity, a strategy and consulting service provider focused on helping healthcare industry clients transform their businesses through innovative technology solutions.A new operating company, Safaricom Telecommunications Ethiopia, through a holding company in the Netherlands, has been established to begin providing mobile telecommunications services in Ethiopia.The Ethiopian government has finally released an RFP for the partial privatisation (40%) of state-owned operator Ethio Telecom.The DPO Group, Africa’s largest and fastest-growing payment service provider, has finalised its acquisition by Network International, an enabler of digital commerce across the Middle East and Africa ($291.3 million).The deaths of Rudi Jansen, a former CEO of MWeb, and Hlengiwe Mkhize, an ex-deputy minister of telecommunications and postal services.The appointments of new CEOs/MDs at Adapt IT, Altron Nexus, Iron Mountain SA and Quintica SA.

ThreatConnect has entered SA via a strategic partnership with BUI, Microsoft’s largest security and consulting partner in SA.

#Synnex merger tech data zip

Australia-based Zip intends to fully acquire Payflex, a South African buy-now-pay-later fintech.

Virgin Mobile will close its doors in South Africa.

LRMG, a South African-based management consultancy, has acquired Altron People Solutions’ Learning Solutions business.

iSON Xperiences has acquired Altron People Solutions’ BPO and Customer Experience Technology business.Frogfoot Networks has acquired the fibre-to-the-home assets of Link Africa Western Cape.

#Synnex merger tech data software

The Finclusion Group has acquired a strategic stake in HelloHR, a South African payroll software start-up.

TFG Labs acquired the Flat Circle team, a specialist mobile app development agency.

Prosus purchased India-based BillDesk, the provider of a payment platform, for $4.7 billion.

#Synnex merger tech data code

+OneX bought Code Maven, a software specialist.

Karooooo acquired Picup Technologies, an on-demand logistics provider, for R70 million.

Here's a look at the end markets and technology stacks Synnex and Tech Data will target.The finalisation of the Synnex/Tech Data merger dominated the ICT market last month.

The company sees savings of $100 million in the first year of closing with at least $200 million by the end of the second year.

The combined company will see non-GAAP earnings per share accretion of more than 25% in the first year after the close.

Tech Data CEO Rich Hume will lead the combined company and Synnex CEO Dennis Polk will be executive chair.

Synnex shareholders will own 55% of the combined company with 45% going to Apollo Funds.Apollo Funds will get an aggregate of 44 million Synnex share and refinancing of Tech Data's net debt and preferred shares of $2.7 billion.

The scale will improve efficiency and partnerships with vendors.Īccording to Synnex and Tech Data, the combination will also be better able to tackle growth markets such as IoT, 5G, cloud and edge computing as well as everything-as-a-service extensions. Once the deal is complete, the combined company will offer more than 200,000 products in more than 100 countries.