Computer Associates converts Southern Africa subsidiary to full ownership.JOHANNESBURG, SOUTH AFRICA--(BUSINESS WIRE)--Nov. 25, 1996-- Computer Associates Increases Investment In Sub-Saharan Regions Dimension Data To Continue As A Partner By Becoming A Premium Service Provider For CA-Unicenter Throughout The Territory Computer Associates International, Inc. today announced that it has agreed to acquire Dimension Data Group's share of their joint venture. Computer Associates Africa, headquartered in Johannesburg, will become a wholly-owned subsidiary of Computer Associates International, Inc. The two companies had previously restructured the local distribution, licensing and servicing of Computer Associates' client/server, midrange and mainframe software which was previously distributed by Compusons (Pty.) Limited for the last decade. Dimension Data purchased its interest in Compusons in 1995. As part of the new agreement, Dimension Data will become one of the very few "Premier Service Providers" for CA-Unicenter products, providing project management and system integration services through its SPL (1) (Systems Programming Language) The assembly language for the HP 3000 series. See assembly language for an SPL program example. (2) (Structured Programming Language) See structured programming. 1. subsidiary. The formal transfer of Computer Associates' increased share ownership will occur immediately upon receipt of clearance by the Exchange Control Department of the South African Reserve Bank The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920," as a direct result of the abnormal monetary and financial conditions which World War I had brought. . Colin Mayne, general manager of Computer Associates Africa stated, "CA's increased focus and emphasis on the sub-Sahara region will materially enhance CA's dominant position in the business software market. The additional training, product education and knowledge as well as the involvement in future design afforded CAA Caa See CCC. employees, to say nothing of CA's tangible financial backing by the new arrangement, allows us to grow and prosper. I look forward to working with Computer Associates and Dimension Data in this effort." "Our increased investment in the territory underscores CA's long-standing commitment to delivering unparalleled technology, service and support to attractive international software markets like Southern Africa
Sanjay Kumar (born Colombo, Sri Lanka, 1962) was the Chairman & CEO of Computer Associates International (now CA, Inc.), until April 2004. He emigrated with his family to the US in 1976 to escape civil unrest in his native Sri Lanka. . "Our new relationship with Dimension Data will also undoubtedly fuel the already remarkable growth in the client/server computing throughout this region." "We are extremely pleased to have completed the restructuring phase of our relationship so quickly," said Rob Taylor Robert Earl Taylor (born November 14, 1960) is a former NFL offensive tackle who played eight seasons with the Tampa Bay Buccaneers. He was selected by the Philadelphia Eagles in the twelfth round of the 1982 NFL Draft. , director, software solutions for Dimension Data. "Both organizations can now move forward and concentrate on their core area specialties. Our goal as a Premier Service Provider for CA-Unicenter is to ensure that the skyrocketing client demand for superior project management and implementation of systems management in the client/server environment A networking environment that is made up of clients and servers running applications designed for client/server architecture. See client/server. is provided by the most effective synergy of Dimension Data services and Computer Associates technology. This restructure of our relationship with Computer Associates is consistent with our strategic move to a greater market orientation with an emphasis on value-added solutions as opposed to a vendor or product orientation, and is consistent with our focus on the high growth mid-range market." Computer Associates International, Inc. (NYSE NYSE See: New York Stock Exchange : CA), with headquarters in Islandia, N.Y., is the world leader in mission-critical business software. The company develops, licenses and supports more than 500 integrated products that include enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. and information management, application development, manufacturing and financial applications. CA has 9,000 people in 130 offices in 40 countries and had revenue of more than $3.5 billion in fiscal year 1996. CA can be reached by visiting http://www.cai.com on the World Wide Web, emailing info@cai.com or calling 1-516-342-5224. Dimension Data was recently ranked South Africa's top company in the Business Times Top 100 Survey and is South Africa's most dynamic systems integration company. Applying state of the art communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry to support ongoing changes in business processes and systems, Dimension Data's software division combines the best elements of both local and international markets. It relies upon both the expertise of SPL, one of South Africa's leading systems integrators, and EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , the acknowledged world leader in data processing services for outsourcing clients. All referenced product names are trademarks of their respective companies. CONTACT: Mark Knight (27) (11) 789-2715 Bob Gordon (516) 342-2391 |
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