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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Convergence Partners congratulates Mayan Mathen, Dimension Data CTO, on being nominated for the CSSA Visionary CIO 2011 award

October 28th, 2011 | admin
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The Computer Society of South Africa (CSSA), in partnership with leading IT publishers, academic and research institutions, every year recognises outstanding talent, leadership, vision and commitment of individuals and organisations within the ICT industry. Convergence Partners is proud to note that Mayan Mathen, Dimension Data CTO, has been nominated for the CSSA Visionary CIO 2011 award.

Dimension Data reports strong results

August 24th, 2011 | admin
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Dimension Data recently released its quarterly results, reflecting strong revenue growth of 4.7%, to $1.46 billion, in the quarter to June 2011.
So far, for the first nine months of the year, group revenue is up 13.4% in constant currency to $4.2 billion. Product sales improved by 13.1% and services grew 13.6% year-on-year. Dimension Data explains growth would have been higher in reported US currency due to the dollar’s relative weakness during the first nine months of the year. Overall, group operating profit for the nine months improved 14.2%, to $203.7 million.

Dimension Data becomes Global Systems Integrator Partner for Citrix

July 27th, 2011 | admin
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Convergence Partners’ investee company, Dimension Data, the $4.7 billion global ICT services and solutions provider, has become a Global Systems Integrator Partner for Citrix. The programme places Dimension Data at the highest partnering level in the 49 countries on five continents that it has a direct presence.

Dimension Data scoops prestigious global award

July 18th, 2011 | admin
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Dimension Data, has been named Global Partner of the Year 2011 by security giant McAfee. The global award follows the announcement made in March that McAfee had signed its first Global Solution Provider Agreement with Dimension Data.
Sean Duffy, Dimension Data MEA GM for Security Solutions, says: “Dimension Data has been a local and regional McAfee Elite Partner for over 10 years. This latest award underscores our long-standing collaboration history, particularly around global and multinational opportunities. With the rise in the number of security attacks on corporate networks, it is critical that we ensure our clients have a secure operating environment by leveraging McAfee’s security technologies.”

Old Mutual and Dimension Data sign major outsourcing deal

July 12th, 2011 | admin
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Convergence Partners’ investee company, Dimension Data, supported by its partner Telkom has signed a comprehensive Information Technology (IT) outsourcing contract with the Old Mutual Group, to enable its business strategy and improve competitiveness.

Dimension Data acquires OpSource

July 1st, 2011 | admin
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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.

Dimension Data has won the 2011 Systems Management Partners of the Year Award

June 29th, 2011 | admin
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Dimension Data announced it has won the 2011 Microsoft Systems Management Partner of the Year Award.
The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

Britehouse Company, 3fifteen ties up hosting partnership with Vodacom Business

January 19th, 2011 | admin
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Local Microsoft development powerhouse, 3fifteen, a Britehouse Company has announced a new partnership with Vodacom Business, which will see its customers able to – on a per seat basis – rent access to Microsoft’s enterprise software solutions for a cost-effective, predictable monthly fee.
Vodacom will be responsible for managing the multi-tenant back-end systems required to host instances of Microsoft Exchange, Dynamics CRM, SharePoint and Office Communications Server in its own data centre, while 3fifteen will focus on configuring, customising and building the functionality its customers require from their software solutions.

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

November 18th, 2010 | admin
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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.

Britehouse shines in Deloittes 2010 Best Company to Work For Survey

October 5th, 2010 | admin
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Britehouse Specialist SAP Division was yesterday ranked as the fourth Best Company To Work For in the Small Company Category in the Deloitte Annual Survey. The company was also rated third best in IT in South Africa. Britehouse shareholders, management and staff are very proud to have achieved this rating, a phenomenal improvement from ninth place in 2009!