Internet Solutions

Internet Solutions
Subsidiary
Founded January 1993[1]
Headquarters Johannesburg, South Africa
Key people
 Saki Missaikos (CEO) [2]
Services Cloud Computing, Connectivity, Data Centres, Security and Communications[3]
Parent Dimension Data
Website www.is.co.za

Internet Solutions (IS) is a South African company which was founded in 1993.[4] It is an Internet Protocol (IP) Communications Service Provider on the African continent and a subsidiary of Dimension Data. The company provides connectivity services, cloud offerings as well as carrier services to corporate enterprises.

Internet Solutions maintains its own tier one international network and its own network nodes in North America, Europe and Asia, where it interconnects with Internet backbone providers. The company lands this international bandwidth at multiple points in Africa. Internet Solutions provides services to 80 percent of companies listed on the Johannesburg Stock Exchange and the company also has a presence in Kenya, Mozambique, Uganda, Mauritius, Tanzania, Nigeria, Angola and Ghana.

Company structure

Internet Solutions is wholly owned by Dimension Data, with its headquarters in Johannesburg, South Africa. Subsidiaries include Ignite, AlwaysOn, VAST and MWEB.[5][6][7]

History

In 1997, Dimension Data acquired Internet Solutions by purchasing the remaining 75% of the company. Ronnie Apteker, one of the founders of Internet Solutions stated that one of the main reasons for selling the company was to enhance the company's ability to deliver to the market and has joined forces with Dimension Data to meet market needs.[8]

In 2006, the company began expanding into Africa, launching in Kenya, Nigeria and Ghana in 2008 and Mozambique in 2009.[9]

In 2013, Internet Solutions provided an uncapped and unshaped 1Gbit/s internet connection during the rAge 2013[10] which is the biggest Computer LAN event in South Africa. This was a milestone in South African gaming industry.

In 2014, the company announced that it joined the Alliance for Affordable Internet (A4AI).[11] Additionally, the company acquired ContinuitySA, a provider of business continuity management services to public and private organisations. The terms of the acquisition enabled ContinuitySA to retain their brand and operational autonomy, whilst also maintaining its vendor neutral stance.[12]

In 2015, the company acquired the MWEB Business and Optinet Network Services divisions of MWEB, South Africa's second largest consumer Internet Service Provider.[13]

In December 2016, the company announced that it had entered an agreement with Naspers to acquire MWEB as an entry into the residential consumer Internet market.[14][15] On 9 May 2017, it was announced that the South African competition authorities approved the proposed acquisition of MWEB with 31 May 2017 being the effective date of the sale.[16][17]

See also

References

  1. ↑ "ABOUT US". Retrieved 2017-05-30.
  2. ↑ "ABOUT US". Retrieved 2017-05-30.
  3. ↑ "OUR SOLUTIONS". Retrieved 2017-05-30.
  4. ↑ "WHY WORK WITH US". Internet Solutions. Retrieved 2017-05-30.
  5. ↑ "SME". Retrieved 2017-05-31.
  6. ↑ "CONSUMER". Retrieved 2017-05-31.
  7. ↑ Simnikiwe Mzekandaba (2015-11-11). "SA's first open access WiFi network arrives". iTWeb. Retrieved 2017-05-31.
  8. ↑ Ballard & King Communications. "Dimension Data acquires the Internet Solution". iTWeb. Retrieved 2017-05-30.
  9. ↑ "WHY WORK WITH US". Retrieved 2017-05-30.
  10. ↑ "NAG LAN at rAge 2013 Internet traffic stats". Mygaming.co.za. 2013-10-10. Retrieved 2013-11-05.
  11. ↑ Staff Writer (2014-02-27). "Internet Solutions joins web inventor's Alliance for Affordable Internet". MyBroadband. Retrieved 2017-05-30.
  12. ↑ Staff Writer (2014-06-17). "Internet Solutions in ContinuitySA acquisition". BusinessTech. Retrieved 2017-05-30.
  13. ↑ Staff Writer (2014-12-11). "MWEB-DiData merger deal gets approval". BusinessTech. Retrieved 2017-05-22.
  14. ↑ Staff Writer (2016-12-02). "Internet Solutions agrees to buy MWeb Connect". ITWeb. Retrieved 2016-12-06.
  15. ↑ Staff Writer (2016-12-02). "MWEB to be sold to Internet Solutions". BusinessTech. Retrieved 2016-12-06.
  16. ↑ Staff Writer (2017-05-09). "Commission approves MWeb sale to DiData". ITWeb. Retrieved 2017-05-22.
  17. ↑ Staff Writer (2017-05-09). "Competition Commission approves Internet Solutions' acquisition of MWEB". MyBroadband. Retrieved 2017-05-22.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.