02 Jun - 2 min read

Acquisition of leading 5G integrator

Acquisition of leading 5G integrator

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


Datatec, the international Information and Communications Technology (ICT) company,
announces that its subsidiary, Logicalis Group (Logicalis) has acquired Siticom, a leading 5G
integrator based in Germany.

Siticom has extensive skills in telecommunication and software defined networking architectures,
IOT implementations and next generation Public and Private networks. It has developed strong
relationships with many of the industry's leading 5G technology providers including Nokia,
AirSpan, Druid Software and MetaSwitch (recently acquired by Microsoft).

The acquisition will give Logicalis a platform to establish a pan-European centre-of-expertise in
developing advanced networking integration capabilities around 5G and evolving Cloud
orchestrated network interoperability. Logicalis also aims to expand these skill sets and
application knowledge across Datatec to complement its existing capabilities in markets such as
Latin America and Asia.

Established in 2010, Siticom now has a team of 130 employees delivering solutions to clients
across Europe, including some of the world's largest telecoms service providers, global financial
market data providers and chemical park infrastructure operators. The company is headquartered
in Frankfurt with additional offices in Cologne, Munich, Dresden and Bruchsal.

Jens Montanana, Datatec's Chief Executive Officer, commented:
"We are beginning to see the IT landscape being increasingly driven by edge computing using
many forms of wireless technology and the applications world moving increasingly to Cloud
based infrastructure.

"Tomorrow's integrators will need to be able to knit these environments together and we believe
the Siticom acquisition will give us a head start in the development of this knowledge with a view
to transfer it across Datatec’s operations over time."

2 June 2021

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 02-06-2021 08:00:00
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