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AYO Technology solutions acquires Kathea Communications By Dieketseng Maleke Share ICT INVESTMENT group AYO Technology Solutions (AYO) today announced that it has fully acquired share capital and outstanding shareholder claims in Kathea Communications. The effective date of the acquisition was March 1. In a statement, the group said AYO announced last year in August that it intended to acquire ownership of the communication group. AYO acquired Kathea Communications for a total purchase consideration of R90m. Kathea Communications chief executive Peter Cowen said: “AYO already has good exposure to the communication and collaboration space with a track record of providing good support to their investments, and so I am very pleased to be able to combine our highly regarded excellence in this space with AYO’s well-funded strategic ambitions.”

South africaHoward plaatjesPeter cowenTechnology solutionsHeadset solutionsKathea communicationsஹோவர்ட் ப்ல்யாயேட்ஜ்ஸ்பீட்டர் கோவன்தொழில்நுட்பம் தீர்வுகள்ஹெட்செட் தீர்வுகள்