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…
