DiData « Convergence Partners

Dimension Data acquires OpSource

July 1st, 2011 | admin

Dimension Data, the 74.9% holding company of Convergence Partners investee company Dimension Data Middle East and Africa (DDMEA), announced that it has acquired OpSource, an enterprise cloud company, in a deal that will see Dimension Data (itself a wholly owned subsidiary of NTT Holdings) accelerate its cloud computing services offerings. At the same time, Dimension Data, a US $4.7 billion ICT services and solutions provider has created a centralised Cloud Solutions Business Unit which will report directly into Dimension Data’s CEO, Brett Dawson. OpSource will become part of the Dimension Data Cloud Solutions Business Unit.

Tags: Brett Dawson, cloud, DiData, Dimension Data, ICT, Intel, internet Solutions, IT, NTT Holdings, OpSource, Santa Clara, strategy, Technology
Posted in Media, News from the Group, Offical Press Releases

Dimension Data say cheers on a high note – Dimension Data delisting from JSE

November 18th, 2010 | admin

After being listed on the JSE for the past 23 years, today marked the final day of trading of Dimension Data shares. However, Didata exited on a high note with it reporting strong full year results for 2010.
The Dimension Data group, which is being acquired by Japan’s Nippon Telegraph and Telephone (NTT) Corp, reported a 9,9% increase in sales in constant currency terms in the 2010 financial year to September. The company reported revenue growth of 19,4% to US$4,74bn, due in part to currency gains.

Tags: Brett Dawson, communications, DiData, Dimension Data, internet Solutions, IT, Japan, JSE, Nippon Telegraph Telephone, NTT, Plessey, Technologies
Posted in Media, News from the Group

NTT offer for Dimension Data goes unconditional

October 13th, 2010 | admin

Dimension Data shareholders have voted overwhelmingly in favour of Nippon Telegraph and Telephone’s (NTT’s) £2.1 billion offer, with shareholders owning 93.42% of DiData shares accepting the deal. With the approval phase of the transaction now complete, Convergence Partners looks forward to an exciting new era for Dimension Data, especially in the fast growing African market.

NTT Makes R24.4 billion offer for Dimension Data

July 16th, 2010 | admin

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”.

Dimension Data plc releases Interim Management Statement for quarter ended 31 December 2009

February 24th, 2010 | admin

The Group recorded a sound trading performance for the quarter ended 31 December 2009. Reported turnover reflected an approximately 6% increase in relation to the three months to 31 December 2008.

Tags: Australia, DiData, Dimension Data Holdings plc, Europe, Interim Management Statement, internet Solutions, IS, Middle East & Africa, Plessey, results, SI, System Integration, turnover
Posted in Media, News from the Group

DiData announces strong results for year ended 30 September 2009

November 24th, 2009 | admin

Dimension Data’s robust performance for the year to 30 September 2009 has resulted in improved returns and strong growth in profitability, in the midst of extremely challenging economic conditions.

Tags: Africa, annual results, Brett Dawson, DDMEA, DDT, DiData, Dimension Data, IFRS, internet Solutions, Plessey, Systems Integration
Posted in Media, News from the Group

Dimension Data acquires stake in a Morocco company

November 24th, 2009 | admin

Dimension Data Middle East & Africa has acquired a 51% stake in Telcom (Morocco), representing a further step in the establishment of a strong presence across the continent. Telcom will be rebranded Dimension Data Morocco.