Dimension Data, a global IT solutions and services company, today announced it has acquired a 51% stake in ICT Holdings, Namibia (ICT), the information technology division of the Ohlthaver and List Group of Companies (O&L).
The formation of the partnership between ICT and Dimension Data also marks the launch of Dimension Data Namibia. The purchase price is not disclosed.
The revenue of ICT Holdings Namibia, for the 12 months to June 2006, was US$3.5 million.
Founded in 1999, ICT provides information technology services to the O&L Group and other leading clients in Namibia. O&L, one of the largest private sector employers in Namibia, has interests in food production, fishing, beverages, farming, retail trade, information technology, property development, leisure and hospitality, marine engineering and the service sector.
"O&L has a long business relationship with Dimension Data South Africa. This relationship has, over the years, matured into a fully fledged, mutually beneficial partnership. I am pleased that we have attracted a superior partner in respect of information technology and believe Dimension Data Namibia will be a very successful venture," commented Sven Thieme, Executive Chairman of the Ohlthaver & List Group.
"The combination of the local expertise and knowledge of ICT with the global best practice, access to IT experts and centres of excellence that Dimension Data offer, positions Dimension Data Namibia as the ideal partner for businesses wanting to gain competitive advantage through technology innovation."
ICT has an employee complement of 40 dedicated professionals in Namibia with points of presence in the capital Windhoek and at the coast, Walvis Bay. All employees will be transferred to Dimension Data Namibia.
Southern African Development Community (SADC) is an important region in Africa and in the context of NEPAD's vision of achieving development and socio-economic growth throughout the continent, Dimension Data Namibia is positioned to contribute to the socio-economic development of the region, through the development of the information and communications technology industry.
Andile Ngcaba, Chairman, Dimension Data Africa, said: "The partnership with ICT and the launch of Dimension Data Namibia, is a logical step for us as we look to further strengthen Dimension Data's capabilities throughout the African continent. The partnership model, which we have successfully implemented in West Africa-based in Nigeria, Botswana and most recently in East Africa based in Kenya, ensures that as a company we are actively contributing to the social and economic development of the continent through focused investment."
Dimension Data Namibia has partnerships with leading technology companies including Cisco, Microsoft and Hewlett-Packard. The company also has a solid client base, including Telecom Namibia, Namibian Airports Company, Nampower, NamPost and O&L Group companies.
Dimension Data's offering to the Namibian market includes the majority of solutions that Dimension Data offers globally enabling Dimension Data in this region to draw on the skills and expertise of the 1 800 employee strong South Africa base, and an additional 7 000 employees located in 36 countries around the world.
The solutions offered by Dimension Data in Namibia include network integration, converged communications, operating environments and messaging, security, data centre and storage and customer interactive solutions.
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