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Oracle Confirms Commitment to Sun    Vodacom obtains Shares in StorTech 

By Benjamin Woo

In this event flash

This IDC Flash analyzes how Oracle's acquisition of Sun will affect the storage solutions previously offered by Sun.

Situation Overview

While the uncertainty of Sun's acquisition by Oracle lingered throughout the latter part of 2009, in the storage industry, there was greater speculation during this time on whether Oracle intended to invest, sustain, or divest Sun's storage assets, in particular, Sun's StorageTek tape assets.  Read more...

VodacomVodacom is pleased to announce the acquisition of a shareholding in Storage Technologies Services (StorTech), a managed enterprise data centre services company providing a range of storage and security services.

Vodacom (Pty) Ltd has purchased 51% of StorTech; approximately 31% will remain with StorTech's BEE partners and approximately 18% with StorTech's management. Read more...
 StorTech transforms Business     Tribunal approves Vodacom deal

StorTech Transforms Business

StorTech and Arbez Consortium sign Broad Based Black Economic Empowerment (BBBEE)
deal
.

Arbez Consortium recently
acquired a 26.32% equity stake in Storage Technology Services (“StorTech”), as part of a Broad Based Black Economic Empowerment (BBBEE) deal. StorTech is a network computing and data management solutions integrator that provides South African companies with data centre solutions. Read more...

The Competition Tribunal has approved the merger between Vodacom and Storage Technology Services (StorTech). Read more...
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