Valenture Institute Secures R114-M in Investment To Expand In SA, UK, USA

Valenture Institute, a global tech-enabled high school, has secured $7 million (R114 million) investment backed by GSV Ventures. The Institute is a global online high...

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Datatec’s Logicalics buys UK-based Trovus

By Staff Writer

South African technology group Datatec said on Wednesday its subsidiary, Logicalis has acquired Trovus, a UK Business Intelligence consultancy, for an undisclosed amount.

Trovus’ analytics solutions equip its customers with rapid access to actionable business insights from existing data within their own businesses.  Its offering is highly complementary to Logicalis’ Business Analytics and Information Management unit.

“This acquisition of Trovus supports our strategic goal of growing annuity revenue streams within the business.  Trovus has highly specialised skills.  The acquisition will strengthen Logicalis’ Business Analytics and Information Management offering to existing customers and open new doors in the information insights and big data markets,” said Jens Montanana, Datatec’s CEO.

Datatec said the combination will enable Logicalis to significantly increase the depth of its business intelligence engagement model whilst retaining its focus on licence and supporting infrastructure sales.

 

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