DATATEC LIMITED - Logicalis Asia acquires 65% interest in iZeno
5 November 2020 10:07
Logicalis Asia acquires 65% interest in iZeno

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
("Datatec" or "the Group")


Datatec, the international Information and Communications Technology (ICT) company,
announces that its subsidiary Logicalis Group has acquired a 65% interest in iZeno, a specialist
in Digital Transformation solutions based in Singapore.

iZeno has a team of 85 skilled employees who have delivered, implemented and optimized
enterprise solutions to more than 300 clients across finance, manufacturing, banking, gaming,
healthcare, telecom and retail industries. The company is headquartered in Singapore with
additional operations in Malaysia, Indonesia and Thailand.

The deep skills iZeno has in DevOps, application modernization, customer experience and hybrid
cloud strongly enhances the scope of services offered by Logicalis and will accelerate the
Group’s vision to be the preferred Digital Transformation enabler for its customers in Asia.

Jens Montanana, Datatec's Chief Executive Officer, commented:
 "The skills and innovation that iZeno brings to the Group strengthen Logicalis’ core value
proposition and ability to help our customers unlock value through digital transformation."

5 November 2020

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 05-11-2020 10:07:00
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