Convergence Partners is an investment management and advisory firm, focused on the telecommunications, media and technology sector in emerging markets, with a principal focus on Africa.

    News from the group

Heartlines, a values, transformation and upliftment initiative, to launch its Forgood platform in October

July 27th, 2010 | admin
convergence thumb

Heartlines, a values, transformation and upliftment initiative is working to finalise its Forgood channel to inform, connect and inspire South Africans for social action. The Convergence Partners Foundation is a founding partner of Heartlines Forgood social networking platform.

NTT Makes R24.4 billion offer for Dimension Data

July 16th, 2010 | admin
nttddthumb

On 15 July 2010, Nippon Telegraph and Telephone Corporation (“NTT”) Dimension Data Holdings plc (“Dimension Data” or “DiData”) announced that they have reached agreement on the terms of a cash offer to be made by NTT for 100% of Dimension Data. The offer, totalling approximately GBP 2.1 billion (R24.4 billion), was unanimously recommended by both Boards of Directors. Andile Ngcaba, Chairman of Dimension Data’s Middle East and Africa business (“DDMEA”), as well as of its minority shareholder Convergence Partners, is excited about the deal and how its positions DiData in his region. “With access to the resources, products and R&D of the NTT Group, DDMEA is better positioned than ever to grow its presence and capitalise on new and fast growing market opportunities, such as cloud computing. The deal is great for the country and the company”.

SkillPod Media and Integrat launch Play4Games mobile games portal

June 29th, 2010 | admin
Skillpod Media Thumb

Convergence investees SkillPod Media and Integrat have launched their joint mobile games portal, Play4Games.co.za, which supports all the most popular smart phone handsets. The site has been branded as Play4Games and forms part of Integrat’s mobile entertainment brand Play4. The platform makes use of the Integrat High Gate mobile payments platform and the SkillPod Media mobile games platform.

New Dawn Satellite on track for lift-off in Q1 2011

June 28th, 2010 | admin
Intelsat logo Thumb

Convergence Partners recently visited in Washington, DC and had the opportunity to spend time with New Dawn joint venture partner, Intelsat, and to see the New Dawn craft in advanced stages of construction, at the premises of craft manufacturer, Orbital Sciences Corporation.

Dimension Data and Convergence Partners Foundation donate school e-learning centre in Limpopo

June 10th, 2010 | admin
Foundation thumb

Dimension Data and Convergence Partners Foundation has extended their e-learning program into the Limpopo Province, by establishing an e-learning centre at the Hudson Ntsanwisi School, over the weekend.

Integrat launches innovative myTXT Mobile product – a free desktop bulk messaging application ideal for marketing campaigns

June 10th, 2010 | admin
Integrat thumb

Integrat has launched myTXT Mobile product – a free desktop bulk messaging application ideal for marketing campaigns. myTXT allows a user to send single messages or bulk SMSes to your group of contacts that you import from Microsoft Outlook.

Convergence Partners gets into the fever of the soccer world cup and supports Bafana Bafana 100% – Ke Nako

June 4th, 2010 | admin
convergence thumb

Convergence Partners gets into the fever of the soccer world cup and supports Bafana Bafana 100% – Ke Nako. Ever since its announcement as host nation on the 15th of May 2004, the country has been busy preparing itself to host thousands of players and supporters from all over the world. Convergence Partners has been counting down the days and is 100% behind Bafana Bafana.

Meet Bertrand Knopf: Managing Director, Gemalto Southern Africa (Pty) Ltd

May 27th, 2010 | admin
Knopf thumb

The second instalment in our regular feature to introduce key executives from across the Convergence Partners investment portfolio. Bertrand is the Managing Director of Gemalto Southern Africa (Pty) Ltd. Gemalto is the global leader in digital security, providing secure personal devices, platforms and services to governments, organisations and businesses.

Convergence Partners Chairman, Andile Ngcaba, participates in IEEE 2010 flagship conference, held for the first time in Africa

May 25th, 2010 | admin
IEE thumb

The IEEE Communications Society is holding its 2010 flagship conference International Communications Conference (ICC2010) in Cape Town, South Africa from 23-27 May 2010. This is the first time that ICC has been held in Africa. The conference theme is “Communications: Accelerating Growth and Development” and aims to focus on the role that Communications is playing in this development. Andile Ngcaba, Chairman of Convergence Partners, participated on the business panel after the keynote address by the Minister of Science and Technology.

Convergence and FSSA provide computer lab to Mogwase School in conjunction with FIFA football pitch

May 13th, 2010 | admin
FSSA thumb logo

Convergence and FSSA provide computer lab to Mogwase School in conjunction with FIFA football pitch. In conjunction with the opening of the new FIFA football pitch in Mogwase, North West Province, the Foundation for a Safer South Africa (FSSA) installed the first of its planned youth zone computer centres. Convergence Partners is proud to have assisted FSSA in the first of its remarkable endeavours to uplift the youth of rural communities through a combination of football, computer literacy and life skills.