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DATATEC LIMITED - Analysys Mason to acquire German consultancy Allolio & Konrad

Release Date: 27/02/2020 15:00
Code(s): DTC     PDF:  
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Analysys Mason to acquire German consultancy Allolio & Konrad

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

ANALYSYS MASON TO ACQUIRE GERMAN CONSULTANCY ALLOLIO & KONRAD

Datatec, the international Information and Communications Technology (ICT) company,
announces that its subsidiary Analysys Mason has agreed to acquire Allolio & Konrad, a
consultancy based in Bonn, Germany with an extensive track record in the telecommunications
industry and long term client relationships with Europe’s leading telecom operators.

Allolio & Konrad has 45 employees and its services include the design, management and
assurance of major Business Support Systems (BSS) and Operational Support Systems (OSS)
transformation programmes and large-scale, multi-year IT strategy initiatives, alongside other
solutions focussed on performance and operations management.

The acquisition is subject to the approval by the German Competition Authorities and is expected
to be finalised in March 2020.

Jens Montanana, Datatec's Chief Executive Officer, commented:
“The acquisition of Allolio & Konrad builds logically on other recent acquisitions, strengthening
Analysys Mason’s position in the strategic, digital transformation, IT transformation, and
performance consulting market, and broadening its skills base to support the accelerating
demand for 5G expertise.

“A presence in Germany complements the existing footprint of Analysys Mason’s international
offices, adding valuable skills and expertise to better serve its multinational clients.”

Johannesburg
27 February 2020

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

Date: 27-02-2020 03:00:00
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