<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Convergence Partners &#187; Investment</title>
	<atom:link href="http://www.convergencepartners.co.za/tag/investment/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.convergencepartners.co.za</link>
	<description>Convergence Partners</description>
	<lastBuildDate>Tue, 27 Jul 2010 13:53:22 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.6</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Convergence Wireless Networks Invests in Tanzanian ISP</title>
		<link>http://www.convergencepartners.co.za/2009/11/convergence-wireless-networks-invests-in-tanzanian-isp/</link>
		<comments>http://www.convergencepartners.co.za/2009/11/convergence-wireless-networks-invests-in-tanzanian-isp/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 09:41:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Offical Press Releases]]></category>
		<category><![CDATA[broadband]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[ISP]]></category>
		<category><![CDATA[Networks]]></category>
		<category><![CDATA[Wireless]]></category>

		<guid isPermaLink="false">http://www.convergencepartners.co.za/?p=127</guid>
		<description><![CDATA[35% stake in WIA Company Limited provides exposure to fast growing Tanzanian enterprise market; expands African footprint]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.convergencepartners.co.za/wp-content/uploads/Arif-Hussain1.jpg"><img class="alignleft size-full wp-image-285" title="Arif Hussain" src="http://www.convergencepartners.co.za/wp-content/uploads/Arif-Hussain1.jpg" alt="Arif Hussain" width="106" height="80" /></a></p>
<p>Convergence Wireless Networks (Convergence Wireless), a joint venture between Convergence Partners and Comsol Wireless Solutions (Comsol), today announced that it has acquired a 35% stake in WIA Company Limited (WIA), a Tanzanian wireless connectivity provider focused on the enterprise market segment.</p>
<p>Convergence Wireless will take on an active role in the business by providing high-level support at a strategic and operational level but also facilitate access to resources across the wider Convergence Partners network to accelerate WIA&#8217;s evolution into a fully fledged converged communications solutions provider. Comsol will act as WIA&#8217;s technology partner bringing significant knowledge and expertise in the deployment of world-class wireless broadband networks.</p>
<p><a href="/wp-content/uploads/WIA_SA_Release_17_Nov_09.pdf" target="_blank">View the full statement</a></p>
<p><a href="http://www.convergencepartners.co.za/wp-content/uploads/161109Kaya17H41intArif-Hussain.mp3" target="_blank">Download the Audio file</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.convergencepartners.co.za/2009/11/convergence-wireless-networks-invests-in-tanzanian-isp/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
<enclosure url="http://www.convergencepartners.co.za/wp-content/uploads/161109Kaya17H41intArif-Hussain.mp3" length="1349329" type="audio/mpeg" />
<enclosure url="http://www.convergencepartners.co.za/wp-content/uploads/161109Kaya17H41intArif-Hussain.mp3" length="1349329" type="audio/mpeg" />
		</item>
		<item>
		<title>Convergence Partners Expands Its Digital Media Investment Base</title>
		<link>http://www.convergencepartners.co.za/2008/09/convergence-partners-expands-its-digital-media-investment-base/</link>
		<comments>http://www.convergencepartners.co.za/2008/09/convergence-partners-expands-its-digital-media-investment-base/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 13:23:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News from the Group]]></category>
		<category><![CDATA[Digital]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Telecommunications]]></category>

		<guid isPermaLink="false">http://www.convergencepartners.co.za/?p=117</guid>
		<description><![CDATA[Convergence Partners increases exposure in digital media market; takes 25.55% stake in South African online gaming business SkillPod Media]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://www.convergencepartners.co.za/wp-content/uploads/Mark.jpg"><img class="alignleft size-full wp-image-391" title="Mark" src="http://www.convergencepartners.co.za/wp-content/uploads/Mark.jpg" alt="Mark" width="300" height="421" /></a></strong></p>
<p><strong>Convergence Partners increases exposure in digital media market; takes 25.55% stake in South African online gaming business SkillPod Media</strong></p>
<p>9 September 2008 &#8211; Convergence Partners Investments, a Black Economic Empowerment investment company focusing on the Technology, Media and Telecommunications sector, today announced that it had taken a 25.55% stake in SkillPod Media (SkillPod), a pioneering South African online casual gaming company.</p>
<p>Established in 2003 by Mark van Diggelen, SkillPod began developing a dynamic proprietary content management system for online games. Over the past five years, the company entrenched itself as a major player in the South African market whilst concentrating on developing world-class supporting systems. A major differentiator for SkillPod is their ownership of the games&#8217; source code that they purchase thereby allowing them to create a turnkey solution for clients including branding and customisation. This has seen them successfully develop games to support marketing campaigns for a number of well-known brands including OUTsurance, KTV and Golf Digest.</p>
<p>The transaction will see SkillPod issue new shares resulting in Convergence Partners owning 25.55% of SkillPod while the existing shareholders, Mark van Diggelen and Brabys Media Holdings, will jointly own the remaining 74.45%. Brabys is a long-established specialist business directory publisher and owner of brabys.com and Ananzi.com.</p>
<p><a href="/wp-content/uploads/CP_SkillPodPressRelease_9Sept08.pdf" target="_blank">View the full Statement</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.convergencepartners.co.za/2008/09/convergence-partners-expands-its-digital-media-investment-base/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Convergence Wireless Networks brings wireless broadband connections to Africa</title>
		<link>http://www.convergencepartners.co.za/2008/08/convergence-wireless-networks-brings-wireless-broadband-connections-to-africa/</link>
		<comments>http://www.convergencepartners.co.za/2008/08/convergence-wireless-networks-brings-wireless-broadband-connections-to-africa/#comments</comments>
		<pubDate>Tue, 19 Aug 2008 13:22:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Offical Press Releases]]></category>
		<category><![CDATA[broadband]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Networks]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless]]></category>

		<guid isPermaLink="false">http://www.convergencepartners.co.za/?p=115</guid>
		<description><![CDATA[Communication Solutions (Comsol) in partnership with one of its shareholders Convergence Partners is seeking to build a portfolio of wireless broadband data operations across multiple countries in Africa. A new investment company called Convergence Wireless Networks (CWN) has been formed for this purpose.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.convergencepartners.co.za/wp-content/uploads/ConvResearch.jpg"><img class="alignleft size-full wp-image-385" title="ConvResearch" src="http://www.convergencepartners.co.za/wp-content/uploads/ConvResearch.jpg" alt="ConvResearch" width="223" height="326" /></a></p>
<p>Communication Solutions (Comsol) in partnership with one of its shareholders Convergence Partners is seeking to build a portfolio of wireless broadband data operations across multiple countries in Africa. A new investment company called Convergence Wireless Networks (CWN) has been formed for this purpose.</p>
<p>CWN will investigate opportunities to secure spectrum/licences in high economic growth areas in Africa with a view to participating in the roll-out of networks (as a strategic, minority financial investor) in those markets. <strong>&#8220;The potential for growth in wireless broadband usage across the continent is massive given the low existing base of penetration,&#8221;</strong> says Iain Stevenson, CEO of Comsol. Currently the total number of broadband connections in Africa numbers approximately less than 3 million, the majority of which are 3G connections.</p>
<p>Stevenson says that CWN will take up strategic equity interests in and supply value-added services across the entire wireless broadband market in Africa from equipment supply, to network installation, ongoing network maintenance, licensed spectrum acquisition, wholesale network operation and even ultimately to retail network operations. <strong>&#8220;CWN will work in conjunction with local country partners and existing players either in the technology arena or existing network operators,&#8221;</strong> says Brandon Doyle MD of Convergence Partners.</p>
<p><a href="/wp-content/uploads/Convergence-Wireless-Networks-Press-Release.pdf" target="_blank">View the full Statement</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.convergencepartners.co.za/2008/08/convergence-wireless-networks-brings-wireless-broadband-connections-to-africa/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Convergence Partners invests in Integrat</title>
		<link>http://www.convergencepartners.co.za/2008/08/convergence-partners-invests-in-integrat/</link>
		<comments>http://www.convergencepartners.co.za/2008/08/convergence-partners-invests-in-integrat/#comments</comments>
		<pubDate>Tue, 19 Aug 2008 13:17:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Offical Press Releases]]></category>
		<category><![CDATA[Digital]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Networks]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Telecommunications]]></category>

		<guid isPermaLink="false">http://www.convergencepartners.co.za/?p=112</guid>
		<description><![CDATA[Convergence Partners Investments, a Black Economic Empowerment investment company focusing on the Technology, Media and Telecommunications sector, announced today that it had taken a stake in Integrat, a major South African Wireless Applications Service Provider (WASP) Aggregator with related interests in digital content, online platforms and other ancillary activities.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.convergencepartners.co.za/wp-content/uploads/integratlogo.jpg"><img class="alignleft size-full wp-image-401" title="integratlogo" src="http://www.convergencepartners.co.za/wp-content/uploads/integratlogo.jpg" alt="integratlogo" width="428" height="93" /></a></p>
<p>Convergence Partners Investments, a Black Economic Empowerment investment company focusing on the Technology, Media and Telecommunications sector, announced today that it had taken a stake in Integrat, a major South African Wireless Applications Service Provider (WASP) Aggregator with related interests in digital content, online platforms and other ancillary activities.</p>
<p>WASPs are companies that connect to the cellular operators to provide services to the networks&#8217; clients, usually in the form of premium-rated Short Message Services (SMS). As an Aggregator, Integrat supports its WASP customers with best-of-breed, locally developed, solutions offerings to seamlessly connect into SA&#8217;s highly regulated mobile networks in a matter of days, rather than months. Integrat&#8217;s offerings are globally competitive and have evolved over the years to include various Value Added Services, such as content manager, campaigns manager, mobile payment systems and other mobile handset-focused services. These products allow customers to deliver services within a very short time and without having to take responsibility for any development.</p>
<p><a href="/wp-content/uploads/Integrat-Press-Release.pdf" target="_blank">View the full Statement</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.convergencepartners.co.za/2008/08/convergence-partners-invests-in-integrat/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investment in Britehouse group</title>
		<link>http://www.convergencepartners.co.za/2006/10/investment-in-britehouse-group/</link>
		<comments>http://www.convergencepartners.co.za/2006/10/investment-in-britehouse-group/#comments</comments>
		<pubDate>Tue, 17 Oct 2006 12:14:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Offical Press Releases]]></category>
		<category><![CDATA[Britehouse]]></category>
		<category><![CDATA[Dimension Data]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[SAP]]></category>

		<guid isPermaLink="false">http://www.convergencepartners.co.za/?p=100</guid>
		<description><![CDATA[Dimension Data Holdings PLC has today announced the formation of a new company – Britehouse Group.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.convergencepartners.co.za/wp-content/uploads/Scott-Gibson.jpg"><img class="alignleft size-full wp-image-392" title="Scott Gibson" src="http://www.convergencepartners.co.za/wp-content/uploads/Scott-Gibson.jpg" alt="Scott Gibson" width="450" height="300" /></a></p>
<p>Dimension Data Holdings PLC has today announced the formation of a new company – Britehouse Group.</p>
<p>In line with the ongoing convergence in the software applications space, Dimension Data in South Africa has consolidated its Microsoft Applications and SAP Application Development Practices into Britehouse Group (Britehouse), a new, black-empowered entity.</p>
<p>In line with the ongoing convergence in the software applications space, Dimension Data in South Africa has consolidated its Microsoft Applications and SAP Application Development Practices into Britehouse Group (Britehouse), a new, black-empowered entity.</p>
<p>A Black Economic Empowerment Consortium consisting of Convergence Partners Investments (Proprietary) Limited (a company headed by Andile Ngcaba) and Safika Holdings (Proprietary) Limited (an empowerment investment holding company) will purchase an effective 30% stake in Britehouse. The remaining shareholding of Britehouse will be held by a wholly owned subsidiary of Dimension Data Holdings PLC (Dimension Data PLC).</p>
<p>Britehouse which comprises a 57,6% stake in 3fifteen and 75% stake in Pebbletree Consulting – has a large concentration of SAP and Microsoft specialist skills. 3fifteen and Pebbletree Consulting were identified and incubated by Dimension Data’s venture capital business, Protocol Venture Capital (Pty) Ltd. The consolidation of these companies into a separate operating entity provides efficiencies, critical mass and autonomy.</p>
<p>3fifteen, a Microsoft Gold Partner, provides specialist Microsoft services including consulting, software application development and deployment. Earlier this year, the company was named as Microsoft’s 2006 Customer Experience Partner of the Year.</p>
<p>Pebbletree Consulting, a SAP Africa Service Partner and an SAP Africa SME Business Partner, provides strategic business consulting services in respect of SAP software, empowering organisations to optimise business performance using SAP as a platform.</p>
<p>Both 3fifteen and Pebbletree will retain their current management structures, operating independence and identities.</p>
<p>Dimension Data South Africa Pty Ltd’s investment in Paracon Holdings Limited has also been transferred to Britehouse. Paracon, a specialist IT contracting company, will provide the new entity with a flexible skills base to ensure an optimal structure.</p>
<p>Dimension Data’s core business is the provision and maintenance of the ICT infrastructure that supports the delivery of software applications to all parts of the enterprise. 3fifteen and Pebbletree excel in the area of software applications, which are network reliant, and thus a natural fit with Dimension Data’s ICT infrastructure expertise.</p>
<p>The consolidated carrying value of Britehouse is R98.9 million. The transaction is subject to various approval including regulatory approvals.</p>
<p>About Dimension Data</p>
<p>Dimension Data plc (LSE:DDT), a specialist IT services and solution provider, helps clients plan, build, support and manage their IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact centre technologies and its unique skills in consulting, integration and managed services to create customised client solutions.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.convergencepartners.co.za/2006/10/investment-in-britehouse-group/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
