Datatec, ALT form R800m new BEE company

July 11, 2006

South African IT group Datatec announced on Tuesday that its South African operations will merge with African Legend Technologies (ALT) to form an R800-million-a-year IT company...

The Datatec businesses will contribute R500-million to the combined entity's revenue, while the African Legend businesses will contribute an estimated R300-million, Datatec said in a statement.

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