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Corporation
COMPUTER HARDWARE & SERVICES | IT Services
t-systems.com/za

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About T-Systems South Africa

T-Systems South Africa provides IT services.On October 27th, 2020, T-Systems South Africa was acquired by Gijima. Terms of the transaction were not disclosed.

T-Systems South Africa Headquarter Location

South Africa

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Latest T-Systems South Africa News

Gijima Take Over the T-Systems South Africa’s Business

Jan 7, 2021

Gijima Take Over the T-Systems South Africa’s Business by credit: Gijima Holdings (Twitter) Share TechInAfrica – The local ICT specialist, Gijima, in an important announcement, informed that they take over the T-System South Africa (TSSA) business. The agreement is still waiting for the Competition Commission’s approval. According to the press release, the acquisition is the outcome of T-Systems International’s strategic follow-up towards T-System’s global portfolio and decision to refocus on the central market in Europe and the Americas. Through this acquisition, Gijima is allowed to have access to international IP, ability, and expertise, and best practices. Meanwhile, it is also ensuring Gijima’s current and newly acquired clients get the first innovation, best service delivery in its class, business efficiency, secure knowledge, and securing numerous jobs from the impact of COVID-19. Confirmed by the local firm that the take-over process is a part of the turnaround plan. It prioritizes organic growth and increases the relation with global OEMs and IT service providers. Group Chief Executive, Maphum Nxumalo said in a statement that they are proud of their business development. The acquisition is suitable for their plans for servicing customers in the new digital era. Their main task is on the organic growth of Gijima, partnering with the existing clients by continuously being advanced, and strengthening efficiency. T-Systems South Africa MD, Dr. Rajan Padayachee said that Gijima is suitable to become the new owner of TSSA. This acquisition will present two Level 1 BEE leaders, with long ICT practice in South Africa, partnering for the mutual benefit of customers. Source: Itnewsafrica.com

T-Systems South Africa Acquisitions

1 Acquisition

T-Systems South Africa acquired 1 company. Their latest acquisition was Intervate on January 31, 2014.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/31/2014

$99M

Acquired

1

Date

1/31/2014

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

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