Insight Partners completes Veeam acquisition

Insight Partners has completed its acquisition of Veeam, at a valuation of approximately $5-billion. “Insight has been a trusted partner since 2013 when they made their first minority-stake investment in Veeam,” says Bill Largent, CEO of Veeam. “They are known for...

Altron Nexus confirms new MD

Altron has announced the confirmation of Mark Harris to the permanent role of MD of Altron Nexus. Andrew Holden, group chief operations officer, says Harris will report directly to him. Holden comments: “Mark has been acting as Altron Nexus MD for almost six months,...

The outlook for an investment downgrade

South Africans tend to obsess about the possibility of a ratings downgrade to junk status, but this focus could be misplaced. By Kathy Gibson Kyle Mandy, tax lead at PwC, believes Moody’s will give the country the benefit of the doubt for the next few months and see...

Rectron signs up Zebra distribution

Rectron has become the official distribution partner for Zebra Technologies in South Africa, effective January 2020. Zebra Technologies provides an extensive portfolio of scanning, data capture, wireless local area network (WLAN), and printing solutions. Matthew Hall,...

New Intel offerings target 5G infrastructure

Unlocking the full potential of 5G requires transforming network infrastructure from core to edge. Intel has made a sweeping set of hardware and software announcements, including the launch of the new Intel Atom P5900, a 10nm system-on-chip (SoC) for wireless base...

Apple, Samsung dominate smartphone top 10

Apple’s iPhone XR was the world’s most popular smartphone in 2019, easily outshipping all other models. Apple shipped 46,3-million iPhone XR smartphones last year, more than doubling the 23,1-million units in 2018, according to Omdia’s Smartphone Model Market Tracker...