R16 billion South African tech business buys European company
Datatec, a multinational tech company headquartered in Johannesburg, announced that its subsidiary Logicalis Germany is acquiring 100% of the share capital of NetworkedAssets.
NetworkedAssets is a specialist in software development, network automation, and observability solutions with operations in Berlin, Germany and Wrocław, Poland.
The group said that Logicalis Germany and NetworkedAssets have been partners for several years, delivering services to customers.
In addition to the established relationship, the acquisition provides Logicalis Germany with an engineering base and a local presence in Poland.
The group added that the deal will give Logicalis specialist expertise and operational support services for large-scale carrier, data centre and cloud environments.
“By combining Logicalis Germany’s network and cloud expertise with NetworkedAssets’ capabilities, the group will be better positioned to support customers in automating and operating increasingly complex IT environments.”
The acquisition of NetworkedAssets by Logicalis Germany became effective on Tuesday, 24 March 2026.
“We are pleased to welcome NetworkedAssets to the Group,” said Jens Montanana, Datatec’s Chief Executive Officer.
“The transaction builds on a successful existing relationship, extends Logicalis’ footprint into Poland and adds valuable engineering expertise to our European operations.”
Datatec is one of the largest technology companies in South Africa, and has a market cap of R16 billion.
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