SENS Release


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") LOGICALIS ASIA ACQUIRES 65% INTEREST IN IZENO 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." Johannesburg 5 November 2020 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05-11-2020 10:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.