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    Altron gets approval for Unisys Africa acquisition

    Allied Electronics Corporation (Altron), has been informed by the Competition Tribunal of SA that the acquisition by its subsidiary Bytes Technology Group of 100% of Unisys Africa, from Unisys Corporation and a local empowerment company CyberKnowledge Systems Investments, has been unconditionally approved.

    In conjunction with the transaction, Unisys and Bytes will conclude a five- year distributor agreement which allows for exclusive marketing, sale and support of certain Unisys products and solutions in selected sub-Saharan African countries with "preferred partner" status in certain others.

    It is anticipated that the acquisition will provide the possibility for synergies and economies of scale for Unisys Africa's operations within the greater Bytes group.

    Unisys Africa's longstanding relationship with public sector agencies is expected to enhance the efforts of Bytes' newly established Government Solutions division, Altron said.

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
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