Sentiv, and the story behind the buyout of Altron Nexus

--:--
Altron Group announced last week that it was selling its Altron Nexus businesses in a management buyout led by Nexus MD Louis du Toit and BriteGaze founder and technology entrepreneur Reshaad Sha.
Sha and Du Toit are our guests in this episode of the TechCentral Show, where they tell TechCentral editor Duncan McLeod about the acquisition and their growth plans for the business.
As part of the acquisition – which is still subject to the fulfilment of certain conditions, which should be concluded by the end of June – Altron Nexus will be rebranded as Sentiv, a portmanteau of “sentient” and “intuitive”.
Sha will serve as Sentiv’s executive chairman while Du Toit will be CEO.
“Together they will steer Sentiv’s transformation into a future-orientated technology partner offering intelligent, context-aware, mission-critical communications and industrial internet-of-things solutions,” according to a statement from the acquiring parties.
In this episode of the TechCentral Show, Du Toit and Sha tell McLeod about:
• How the deal came about;
• The assets and businesses housed in Altron Nexus; and
• The plan to turn the business around.
Don’t miss a great conversation!
3 Jun 5AM English South Africa Technology · Business

Other recent episodes

Connecting Saffas – Renier Lombard on The Lekker Network

The Lekker Network is a recently launched global business platform designed to help South African expatriates find business and investment opportunities around the world, including at home. Founded by a group of well-known businesspeople, The Lekker Network was launched in March and offers members access to a business directory, a…
7 Jul 10AM 20 min

TCS | South Africa’s Sociable wants to make social media social again

The digitisation of social interactions has made it easier for people to maintain contact and build online communities. However, there has been a decrease in in-person interaction that has contributed to a sense of disconnect. South African-made social media platform Sociable hopes to solve this problem by combining online engagement…
23 Jun 8AM 23 min

Tech, townships and tenacity: Spar’s plan to win with Spar2U

Spar Group is determined to play a significant role in the on-demand grocery delivery space in South Africa despite coming from behind, its omnichannel executive for Southern Africa has told TechCentral. Speaking to the TechCentral Show, Blake Raubenheimer took the publication’s editor, Duncan McLeod, through the retailer’s plan to compete…
19 Jun 4AM 22 min

Nomvuyiso Batyi on Starlink, BEE reform and spectrum

What should one make of the noise surrounding the licensing (or non-licensing) of Starlink in South Africa? And what of the plans to reform the rules around black economic empowerment in the sector? To make sense of these developments – and others – TechCentral editor Duncan McLeod sat down this…
6 Jun 6AM 50 min

Signal restored: Unpacking the Blue Label and Cell C turnaround

TechCentral’s guests in this episode of the TechCentral Show believe Blue Label Telecoms and its affiliate (and soon to be subsidiary) Cell C present a compelling investment case. Philip Short, global portfolio manager at Flagship Asset Management – which counts Blue label as its sole South African investment – and…
28 May 2AM 35 min