DATATEC LIMITED - Logicalis acquires a majority stake in NubeliU to strengthen its position as cloud integrator

Logicalis acquires a majority stake in NubeliU to strengthen its position as cloud integrator

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

Logicalis acquires a majority stake in NubeliU to strengthen its position as cloud integrator

Datatec Limited ("Datatec”), the international Information and Communication Technology
(ICT) group, announces that its subsidiary Logicalis Group Limited (“Logicalis”) has acquired a
51% stake in NubeliU, a South America based company specialising in cloud computing
projects based on OpenStack.

The acquisition is part of Logicalis’ strategy to position itself as a cloud integrator, and
strengthens its commitment to the opensource community, in particular with OpenStack,
which is essential for large SDx (Software Defined everything) and cloud computing projects.

NubeliU was founded in January 2015 by the team that deployed the first production clouds
in OpenStack which is seen as one of the foundations for the industry’s future infrastructure.
As a services company, NubeliU integrates OpenStack environments with customers’ existing
platforms across multiple vendor product lines. From its operations in Argentina and Brazil,
it can deliver its service offerings remotely around the globe. This acquisition forms the basis
for establishing a Logicalis Global OpenStack practice.

NubeliU's expertise in OpenStack will accelerate the global expansion of Logicalis' cloud
computing and SDx practices, strengthening its position as a cloud integrator and ensuring its
ability to meet its customers' requirements on their journey to digital transformation.

Jens Montanana, Datatec Chief Executive Officer, commented:

“This acquisition is an important step for Logicalis to enhance its position as a leading cloud
integrator.”

Enquiries:

Datatec Limited (www.datatec.co.za)
Jens Montanana, Chief Executive Officer                                   +44 (0) 1753 797118
Ivan Dittrich, Chief Financial Officer                                    +27 (0) 11 233 3301
Wilna de Villiers, Group Investor Relations                               +27 (0) 11 233 1013

Jefferies International Limited – Nominated Adviser and Broker
Nick Adams/Simon Hardy                                                   +44 (0) 20 7029 8000

Instinctif Partners
Frederic Cornet/Keagile Makgoba (SA)                                      +27 (0) 11 447 3030
Adrian Duffield/Chantal Woolcock (UK)                                    +44 (0) 20 7457 2020

4 July 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 04/07/2017 08:00:00 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.