Group Company Achievements
Intel Capital invests in AltechIntel Capital, Intel's global investment organization, announced an agreement to invest $5M in JSE Listed Allied Technologies Limited (Altech), Intel Capital’s first investment in South Africa.
Internet finally gets up to speed with Altech Technology ConceptsInternet technology solutions company, Altech Technology Concepts, has seen an explosive growth in its business, spear headed by its flagship product TC Channel Bonding. This offering contributed substantially to a 50% increase in Internet traffic in the last three months as well as a 43% increase in headcount over the last six months.
This growth comes from the increasing number of clients choosing bonded ADSL Internet access over other more costly high-speed connectivity options and from current clients increasing their Internet activity.
AAD appointed by WAVECOM
Arrow Altech Distribution is newly appointed by Wavecom.
Wavecom has joined forces with Sony Ericsson’s M2M Business Unit. These two market leaders marks a pivotal point in our industry, showing their collective commitment to the automotive and industrial wireless market, as well as a proactive approach to build a stronger, more global, and more innovative company.
Altech's Expansion in the TMT MarketAltech’s strategy is built on convergence and global expansion in the telecommunications, multi-media and information technology sectors, the so-called TMT market. The cornerstones of this strategy rest on achieving tactical positions in our chosen markets around the globe by concentrating on developing and owning intellectual property rights, and providing value-added products and solutions, particularly where technology convergence is driving consumer demand.