Reunert merges Nashua Communications, Nashua ECN
BUSINESS| Sept. 19, 2012, 7:30 a.m.
Reunert has announced the merging of two key business units, Nashua Communications and Nashua ECN.
Reunert Limited Group is a leading provider of Siemens Enterprise Communications and Panasonic communications technology in Southern Africa.
Dave Rawlinson, CEO of Reunert, says the combined entity will trade under the name of Nashua Communications and will be headed up by the current Nashua ECN managing director, Andy Openshaw.
Rawlinson said: “This announcement is the culmination of months of thought and discussion and has the full support of both of the company’s management teams.”
Nashua Communications currently operates predominantly in the local area networking (LAN) space offering on premise Communication and networking solutions. Nashua ECN has a national IP-based network with points of presence and data centres in all the major metropolitan areas and currently operates in the voice, data and wide area networking (WAN) space.
Rawlinson says: “The rationale behind the merger is allowing a single team to unlock the huge value of our complementary product offering and skill sets, in a drive to offer a premier converged communication offering to the South African corporate market.”
The new Nashua Communications will be in a position to offer a host of voice, data and hosted solutions bundled together for on-premise, purely cloud or hybrid scenarios.
The merger will be effective from the 1 October 2012 and coincide with the start of Reunert’s financial year. The combined businesses will generate over a R1bn of turnover with a staff count of roughly 600.
Graeme Eddey, CFO, and Jan Holtzhausen, COO of Nashua Communications, said in an announcement to staff “The bringing together of these two companies will unlock tremendous value and will position us as a true premier converged communications solution provider.”
Openshaw said in a letter to the staff of both companies “I am convinced that we will make a success of this tremendous opportunity and I look forward to an exciting year ahead.”
MORE BUSINESS NEWS
MTN, former ATCON chief disagree over naira devaluationMTN Nigeria and a former president, Association of Telecoms Companies of Nigeria (ATCON) have disagreed over further devaluation of the naira. Read More
MTN Business launches Supplier Development Programme in MpumalangaMTN Business has reaffirmed its commitment to develop small and medium-sized enterprises (SMEs) within Nelspruit by extending its Supplier Development Programme (SDP) and Accelerator Programme (AP), the company’s enterprise development initiatives, to the Mpumalanga Province of South Africa. Read More
VMware appoints Senior Vice President and GM of EMEAVMware, a global leader in cloud infrastructure and business mobility, today announced the appointment of Jean-Pierre Brulard as Senior Vice President and General Manager of EMEA. Read More
InfoGraphics chief urges investment in tech start-upsThe Managing Director of InfoGraphics Nigeria, Chinenye Mba-Uzoukwu, has urged wealthy Nigerians to invest in tech start-ups. Read More
Convergence Partners acquires stake in Nigerian Fintech firmConvergence Partners has announced an investment of $20m for a strategic, minority stake in Venture Garden Nigeria. Read More
MTN Business augments its management team further with key strategic appointmentMTN Business SA has appointed an industry veteran, Mariana Kruger, as General Manager of Private Sector. Read More
SA Competition Tribunal approves Telkom-BCX mergerBusiness Connexion Group Limited has announced that the Competition Tribunal of South Africa has approved the proposed merger between Business Connexion Group Limited ("BCX") and Telkom SA SOC Limited ("Telkom") with the imposition of conditions. Read More
Kenyan SACCOS riding on innovation to attract customersAs confidence in mainstream banks remains low due to prohibitive interest rates, customers are embracing Savings and Credit Cooperatives (SACCO) as an alternative. Read More
BITC invites ICT investorsThe Botswana Investment and Trade Centre (BITC) is casting its net wide to appeal to players in the Information Technology sector to invest in the country. Read More
FEATURED STORYYoung innovators shine during pitch sessions
Botswana saw an array of upcoming tech wizards selling their ideas during the Vendors’ Day pitch sessions this week.
BEST READ NEWS
IN DEPTHHigh tech homes: Just press play
High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.