Dimension Data Holdings
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| Type | Parent |
|---|---|
| Industry | Information technology |
| Founded | 1983 |
| Headquarters | Sandton, South Africa |
| Key people | Jeremy Ord, Chairman Brett Dawson, CEO |
| Revenue | $3,973.1 million (2009)[1] |
| Operating income | $192.9 million (2009)[1] |
| Net income | $145.4 million (2009)[1] |
| Employees | Circa 11,000 |
| Parent | Nippon Telegraph and Telephone |
| Subsidiaries | Datacraft Asia |
| Website | www.dimensiondata.com |
Dimension Data Holdings is a South African company specializing in information technology services, with operations in Europe, Asia, Australia, the Americas and the Middle East & Africa.
In 2010, the company was fully acquired by Nippon Telegraph and Telephone.
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[edit] History
The company was founded by Jeremy Ord, Richard Came and Bruce Watson in 1983 in South Africa as an information technology specialist.[2]
It was first listed on the JSE Securities Exchange in 1987.[2] In 1998 it acquired Plessey South Africa.[2] During the next two years it bought a series of companies in the UK, North America, Europe and Australia.[2] It was first listed on the London Stock Exchange in 2000.[2] In 2008 it acquired Data Processing Systems, an IT business based in the United Arab Emirates and completed the acquisition of Datacraft Asia.[3]
In July 2010, Nippon Telegraph and Telephone announced an agreed takeover of Dimension Data in £2.12 billion ($3.24 billion) deal.[4] The offer was declared unconditional on 11 October 2010, with over 93% of shareholders having agreed to tender their holdings.[5]
[edit] Operations
The Company manages the implementation of IT solutions and also acts as a value added re-seller for Cisco Systems.[6]
Dimension Data Learning Solutions (DDLS) is a subsidiary of Dimension Data Holdings.
[edit] References
- ^ a b c Annual Report 2009
- ^ a b c d e Dimension Data Holdings History
- ^ Dimension Data buys UAE-based IT firm
- ^ "NTT buys South Africa's Dimension Data". BBC News. July 14, 2010. http://www.bbc.co.uk/news/business-10644327. Retrieved July 14, 2010.
- ^ "NTT secures Dimension Data takeover". Reuters. 11 October 2010. http://af.reuters.com/article/investingNews/idAFJOE69A0LR20101011. Retrieved 15 October 2010.
- ^ Cisco: Global Services Alliances: Dimension Data
[edit] External links
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