Press Releases

Altech announces resignation of Group Chief Operating Officer

Altech hereby announces the resignation of its Group Chief Operating Officer, Jeffrey Hedberg, which will be effective from the end of January 2012. According to Altech CEO, Craig Venter, Hedberg has decided to pursue his career outside of the Altech Group. Jeffrey and I had a discussion and he indicated that he wanted to purs … Read More

Altech wins at Technology Top 100 Awards

Allied Technologies Limited (Altech) was dominant at the Technology Top 100 Awards held on Thursday 24th November, an annual event hosted by the Da Vinci Institute for the Management of Technology and Innovation under the auspices of the Department of Science and Technology. The Technology Top 100 (TT100) Awards are recognised as the premier business … Read More

Altech qualifies for 2011 JSE Socially Responsible Investment Index

The SRI Index comprises listed companies which meet criteria related to their environmental, social and governance (ESG) policies, management practices and reporting. The first of its kind in an emerging market, and a leader worldwide, the indexs intention is two-fold: to encourage companies to operate responsibly and transparently and to prompt institutions to consider ESG … Read More

Altech announces appointment of Tim Ellis as Group Executive: Converged Services

JSE-listed Allied Technologies Limited (Altech) is pleased to announce the appointment of Tim Ellis as Group Executive: Converged Services to the Altech Group, effective 1 September 2011. With more than 20 years of working experience in the Information and Communication Technology (ICT) sector, Ellis was formerly with Cisco as the Sales Director for the Public … Read More

Altech acquires SetOne GmbH

JSE listed Allied Technologies Limited (Altech) today announced the acquisition of SetOne GmbH (SetOne), a German-based pioneer of innovative DVB-based products and solutions in the German-speaking Europe or DACH region. The acquisition follows the completion of a satisfactory due diligence of SetOne by Altech and approval by the board of Altech. SetOne was incorpora … Read More

Altech supports orphaned children with R527,000 donation

JSE listed Allied Technologies Limited (Altech) has donated R527, 000 to the Villa of Hope childrens home in Nancefield, Eldorado Park in support of an M-Net Cares initiative. The donation includes funds for refurbishment and a tertiary education bursary for one of the children at the home. The Villa of Hope is a shelter for … Read More

Altech acquires Eyenza Mobile Money

JSE listed Allied Technologies Limited (Altech) today announced the acquisition of 100% of the equity in Eyenza Mobile Money (Pty) Ltd (Eyenza). The acquisition follows the completion of a satisfactory due diligence of Eyenza by Altech and approval by the board of Altech. Eyenza Mobile Money is a wallet based system whereby a deposit is … Read More

Altech Opens World Class Factory for the Manufacture of Digital Set-Top Boxes

Altech opens world class factory for the manufacture of digital set-top boxes Africas first high-tech global facility with the capacity to manufacture more than three million television set-top boxes per annum was opened in Durban by Minister of Communications Roy Padayachie today. Altech UEC, a leading developer of digital technology for the international pay-TV industry, … Read More