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.

    Selected Tag > Middle East

SkillPod’s casual gaming platform off to a cracking start!

February 7th, 2011 | admin
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“If the first month of 2011 is anything to go by, then the rest of the year is going to be an incredible one” according to Mark van Diggelen – CEO of online and mobile casual gaming business, SkillPod Media, in which Convergence Partners has a strategic equity investment. “We’ve just completed a 7 month period of R&D, where we redeveloped our online and Facebook casual games platforms, adding a host of new features targeted at personalisation, customisation and monetisation.” As a result of this development the response from new and existing clients has been incredibly positive, with 20 new projects already confirmed. These include a number of new casual games portal deployments in the Middle East (these sites have been fully customised to cater for the Arabic language and the reading of content from right to left), UK, USA, Vietnam, Europe and South Africa.

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”.

Inala Technologies appoints Executive Director, Laurentius Human as CEO

May 12th, 2010 | admin

Inala Technologies and Convergence Partners Chairman, Andile Ngcaba announced the appointment of Executive Director, Laurentius Human, as Chief Executive Officer of Inala with effect from June 2010. The company, which has grown into one of Africa’s leading Telecommunications and Broadcast systems providers over the past 14 years, is currently represented in 17 African countries and is poised to expand into India, South America, the Middle East, and Turkey.