Dimension Data Holdings

Dimension Data Holdings
Dimension Data Holdings plc
Type Parent
Industry Information technology
Founded 1983
Headquarters Sandton, South Africa
Key people Jeremy Ord, Chairman
Brett Dawson, CEO
Revenue $3,973.1 million (2009)[1]
Operating income $192.9 million (2009)[1]
Net income $145.4 million (2009)[1]
Employees Circa 11,000
Parent Nippon Telegraph and Telephone
Subsidiaries Datacraft Asia
Website www.dimensiondata.com

Dimension Data Holdings is a South African company specializing in information technology services, with operations in Europe, Asia, Australia, the Americas and the Middle East & Africa.

In 2010, the company was fully acquired by Nippon Telegraph and Telephone.

Contents

History

The company was founded by Jeremy Ord, Richard Came and Bruce Watson in 1983 in South Africa as an information technology specialist.[2]

It was first listed on the JSE Securities Exchange in 1987.[2] In 1998 it acquired Plessey South Africa.[2] During the next two years it bought a series of companies in the UK, North America, Europe and Australia.[2] It was first listed on the London Stock Exchange in 2000.[2] In 2008 it acquired Data Processing Systems, an IT business based in the United Arab Emirates and completed the acquisition of Datacraft Asia.[3]

In July 2010, Nippon Telegraph and Telephone announced an agreed takeover of Dimension Data in £2.12 billion ($3.24 billion) deal.[4] The offer was declared unconditional on 11 October 2010, with over 93% of shareholders having agreed to tender their holdings.[5]

Operations

The Company manages the implementation of IT solutions and also acts as a value added re-seller for Cisco Systems.[6]

Dimension Data Learning Solutions (DDLS) is a subsidiary of Dimension Data Holdings.

References

External links