The ICT market last month was dominated by Nvidia’s abandonment of its UK-based ARM deal, the finalisation of the AMD/Xilinx deal and AT&T’s planned spin-off of WarnerMedia in a deal valued at $43 billion.
Key local news
The SA-based Mara Phones smartphone manufacturing facility is no more.
Salesforce has established its first legal entity in SA.
Vumatel has acquired a 45% non-controlling stake in Herotel, a fixed wireless internet service provider.
The R1.3 billion investment led by Arrowroot Capital, with participation from Kennedy Lewis Investment Management, Endeavor Global and Harvest in SA-founded Clickatell.
The appointments of new CEOs and MDs at Cisco and XLink.
Key African news
Seacom will acquire selected infrastructure assets from Africell in Uganda that wound down its operations last year.
The $250 million investment led by Avenir Growth Capital and Tiger Global in Nigeria-based Flutterwave, an Africa-focused fintech firm.
The appointments of new CEOs and MDs at Africa Data Centres, Cisco, Park Place Technologies and Westcon-Comstor.
Key international news
Altair acquired Cassini, a next-generation cloud native technology for Industry 4.0.
Anexinet bought Veristor Systems, a fellow list maker.
Apple purchased AI Music, a start-up that uses artificial intelligence to generate tailor-made music.
AudioEye acquired Square ADA, a trusted accessibility solution in the Squarespace ecosystem.
BCE bought Canada-based EBOX, an internet, telephone and television service provider.
Bharti Airtel purchased a strategic stake in Aqilliz, a 'blockchain as a service’ company, and formed an agreement to acquire about a 25% equity stake in Lavelle Networks, an SD-WAN start-up.
Carlyle Group acquired Involta, a hybrid IT, cloud computing and data centre services company.
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