inq. expands in SA with acquisition of Syrex

Issue 2 2022 News

Inq. (www.securitysa.com/14689r) has announced that it has reached an agreement to acquire Syrex for an undisclosed amount. The agreement is subject to customary conditions including approvals by the Competition Authority of South Africa and the Independent Communications Authority of South Africa (ICASA).

Syrex is a hyper-converged solutions provider that delivers the full ICT services offering, from connectivity to security and tailored IT managed services. Furthermore, Syrex holds an ECS/ECNS licence from ICASA. Syrex is a well established solutions provider with partnerships such as Microsoft (Gold), Mimecast (MSP) and Checkpoint (4 star).

“The acquisition will bring two strategically aligned businesses together to deliver their technology and services across the African continent. This will bring a combined offering into the African market to deliver the best technologies available. We are very excited that our cross-border clients will benefit from Syrex’s strong hyper-converged solutions and inq.’s edge solutions and services. The synergy of our people and cultures will create great opportunities into the future .” David Herselman, managing director, Syrex.

With a presence in nine countries, this strategic acquisition will see inq. expand its coverage to the South African market to ultimately facilitate and operate its African divisions and integrate edge computing solutions across the continent. Edge services are increasingly critical to digital transformation and fundamental to enterprises across the public sector and private sectors.

Speaking about the acquisition, Andile Ngcaba, executive chairman, inq. said: “The combination of Syrex and inq. is geared towards deepening our footprint in South Africa to drive hyper-converged and edge services and solutions within one of the most developed ICT markets on the continent both in the public and the private sectors. Syrex brings to the fold the right qualities that our clients require.”

For more information contact Prince Cekeshe, inq, [email protected], www.inq.inc




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Spend on cloud to accelerate across Africa in 2023
News
More than two-thirds of companies using cloud computing across major African markets plan to increase their spending on cloud services in 2023.

Read more...
ChatGPT’s impacts will be social, not technical
News
ChatGPT is truly a remarkable achievement, an artificial intelligence (AI) that you can have a conversation with and ask to do everything from writing essays to coding computer programs.

Read more...
Artificial intelligence in Africa: levelling the narrative
News
While AI can benefit multiple industries, in Africa the key sectors that stand to gain are financial services (specifically fintech) and agriculture.

Read more...
Improving data security for a hybrid society
News
Researchers from Tokyo University of Science develop a method that can perform computations with encrypted data faster and at a lower cost than conventional methods, while also improving security.

Read more...
Cybersecurity in 2023: The latest trends and developments
News
In 2023, experts predict that several trends will shape the cybersecurity landscape, including the growing use of artificial intelligence (AI), the increasing focus on the Internet of Things (IoT), and the rise of quantum computing.

Read more...
SAN market set for growth
Technews Publishing News IT infrastructure
Storage-area network (SAN) market to hit US$ 26,86 billion in revenue by the end of 2029 due to factors like widespread adoption of Hybrid SAN-NAS solutions.

Read more...
Enterprise threats in 2023
News Cyber Security
Large businesses and government structures should prepare for cybercriminals using media to blackmail organisations, reporting alleged data leaks, and purchasing initial access to previously compromised companies on the darknet.

Read more...
Trends in the proptech industry for 2023
News
By mixing real estate with technology to optimise industries, create new ones, and generate efficiencies or capabilities that improve revenue generation, something as fundamental as the concept of parking has been turned on its head.

Read more...
31 percent of all IoT SIMs managed with third-party IoT CMPs
News Integrated Solutions
Berg Insight recently released new findings about the market for IoT connectivity management platforms (CMPs), a standard component in the value proposition from mobile operators and IoT MVNOs around the world.

Read more...
Off-highway vehicle telematics systems
News
The installed base of off-highway vehicle telematics systems to reach 12.2 million units worldwide by 2026, says Berg Insight.

Read more...