Adapt IT acquires Wisenet

Thursday 10 January 2019 | 08:51 CET | News
South Africa's Adapt IT says it will acquire Australia-based Software as a Service (SaaS) business Wisenet for ZAR 52.2 million.. The deal will cost a total of ZAR 28.79 million for Wisenet Group, while Wisenet SG – the business intellectual property and existing IP rights of Wakatipu Management – will cost Adapt IT a further ZAR 23.39 million, plus additional yearly payments until 2021.

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Categories: IT
Countries: South Africa
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