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.

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NTT Makes R24.4 billion offer for Dimension Data

July 16th, 2010 | admin
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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 Achieves Global Certification from Cisco

May 7th, 2010 | admin
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Dimension Data, the $4 billion IT solutions and services provider, has achieved Global Certification from Cisco. This elite designation recognises Dimension Data as having fulfilled the training requirements and program prerequisites to sell, deploy and support Cisco® networking solutions around the globe. Dimension Data becomes one of four organisations with this elite status worldwide.

Dimension Data (“DiData”) awarded most empowered ICT company at the ninth annual Metropolitan Oliver Empowerment Awards

April 8th, 2010 | admin
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At the ninth annual Metropolitan Oliver Empowerment Awards ceremony held on the 25th March 2010, Dimension Data was awarded the prestigious most empowered ICT company award.

Meet Richard Bicker-Caarten: Chief Sales, Solutions and Marketing Officer at Plessey (Proprietary) Limited

January 26th, 2010 | admin
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The first in a series of regular articles to introduce certain key executives from across the Convergence Partners investment portfolio. Richard is the chief sales, solutions and marketing officer at Plessey and tells us a little about himself and shares some of his views on the ICT landscape in South Africa.

Dimension Data Top ICT Company in Africa

December 17th, 2009 | admin
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Dimension Data once again proved its mettle across the African continent, winning the Top ICT Company in Africa Award at the 11th African ICT Achievers Awards ceremony held on the 5th December 2009.

DiData announces strong results for year ended 30 September 2009

November 24th, 2009 | admin
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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.

Dimension Data acquires stake in a Morocco company

November 24th, 2009 | admin
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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.

60% Sale Of Britehouse Concluded

July 12th, 2007 | admin
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Move further opens gateway to African expansion

Investment in Britehouse group

October 17th, 2006 | admin
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Dimension Data Holdings PLC has today announced the formation of a new company – Britehouse Group.