{"id":263229,"date":"2018-08-06T08:28:25","date_gmt":"2018-08-06T06:28:25","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=263229"},"modified":"2018-08-06T08:30:12","modified_gmt":"2018-08-06T06:30:12","slug":"dimension-data-set-to-merge-with-ntt-data-and-ntt-comm-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/it-services\/263229\/dimension-data-set-to-merge-with-ntt-data-and-ntt-comm-report\/","title":{"rendered":"Dimension Data set to merge with NTT Data and NTT Comm &#8211; report"},"content":{"rendered":"<p>The Nippon Telegraph &amp; Telephone group (NTT) will launch a new company which will oversee its three major communications and data subsidiaries \u2013 NTT Data, NTT Communications, and Dimension Data.<\/p>\n<p>This is according to <a href=\"https:\/\/asia.nikkei.com\/Business\/Companies\/NTT-to-combine-3-units-to-create-Japan-s-largest-IT-company\" target=\"_blank\" rel=\"noopener\">Nikkei<\/a>, which said shares from the subsidiaries will be transferred to the new company to form Japan\u2019s biggest IT provider.<\/p>\n<p>\u201cThe resulting company will provide corporate clients with a wide range of services, including cloud storage and data processing,\u201d stated Nikkei.<\/p>\n<p>Nikkei said the new company will be set up in the coming months and, will challenge companies like IBM and Google.<\/p>\n<p>MyBroadband <a href=\"https:\/\/mybroadband.co.za\/news\/business\/270905-changes-at-dimension-data-as-ntt-plans-to-launch-new-company-report.html\" target=\"_blank\" rel=\"noopener\">reported<\/a> that another development linked to Dimension Data is that Investec has gone to market to attract potential buyers for VAST Networks, which is owned by Dimension Data and Naspers.<\/p>\n<p>VAST Networks was established in 2015 as a joint venture between Dimension Data and Naspers, which own 51% and 49% of the company respectively.<\/p>\n<p>The company is an open-access WiFi network infrastructure provider, delivering carrier-grade WiFi in Southern Africa.<\/p>\n<p>MyBroadband asked VAST Networks for feedback on the matter, but the company said it does not comment on speculation.<\/p>\n<p>Dimension Data echoed VAST Networks\u2019 comment, while Naspers communications director Anika Ebrahim said: \u201cIt is our policy to neither acknowledge nor deny our involvement in any merger, acquisition, or divestiture activity, nor to comment on market speculation.\u201d<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/technology\/253925\/dimension-data-acquires-a-majority-stake-in-e2y\/\" target=\"_blank\" rel=\"noopener\">Dimension Data acquires a majority stake in E2y<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nippon Telegraph &#038; Telephone group (NTT) will launch a new company which will oversee its three major communications and data subsidiaries \u2013 NTT Data, NTT Communications, and Dimension Data.<\/p>\n","protected":false},"author":31,"featured_media":188397,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[94,26],"class_list":["post-263229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-it-services","tag-dimension-data","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/263229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=263229"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/263229\/revisions"}],"predecessor-version":[{"id":263241,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/263229\/revisions\/263241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/188397"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=263229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=263229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=263229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}