In a market move that promises to shake up the IT industry, South African-headquartered Pinnacle Technology Holdings (PTH), a Johannesburg Securities Exchange (JSE) listed IT company, has made an offer to purchase 100% of the shares in Axiz Technology.Read More…

Pano Logic, a provider of client desktop virtualisation, has signed a di distribution agreement with IIS, an IT distributor in the Middle East. In terms of the deal, IIS will be the sole distributor of Pano Logic technology to resellers in the Middle East and will provide sales and technical training to partners in the region.Read More…

According to a recent forecast by Business Monitor International, the UAE consumer electronics market is set to increase AED 10 billion (USD $2.8 billion) in 2010. The consumer electronics market is a key growth sector for emerging markets such as the Middle East, as a tech-savvy population and tourism continue to grow in the country.Read More…