The Competition Commission has approved a proposed transaction where Datamine Africa intends to acquire Mineware Africa and Mineware Consulting, with conditions.<\/p>\n\n\n\n
Datamine Africa is the regional arm of Datamine, a global provider of technology and software solutions across the entire mining value chain.<\/p>\n\n\n\n
Headquartered in Johannesburg, South Africa, Datamine Africa provides specialised software and consulting services to mining operations across the continent.<\/p>\n\n\n\n
It is a subsidiary of Vela Software, an operating division of Constellation Software, one of the world’s largest and most successful software conglomerates.<\/p>\n\n\n\n
The Competition Commission said that in South Africa, Datamine (through Vela) is active across several industries, including mining and healthcare.<\/p>\n\n\n\n
Mineware is a South African software development and consulting firm specializing in operational mine management systems.<\/p>\n\n\n\n
Its products and services focus on the day-to-day execution of mining, including tracking production, ensuring safety compliance, and a sampling module for better ore management. <\/p>\n\n\n\n
Founded in 1996 by Paul Saker, the company is headquartered in Johannesburg near Lanseria with an R&D hub in Stellenbosch. Saker has retired, and his son, Ian, has taken over management of the company.<\/p>\n\n\n\n
Its flagship product is the Syncromine Core mine management software suite, which is customised to clients\u2019 needs and offers several functions in a combined interface.<\/p>\n\n\n\n
In addition, Mineware offers ongoing support and maintenance to ensure the continued performance and reliability of its systems.<\/p>\n\n\n\n
\u201cThe Commission is of the view that the proposed transaction is unlikely to substantially lessen or prevent competition in any market,\u201d the Competition Commission stated.<\/p>\n\n\n\n
To address public interest concerns, the Commission imposed conditions on the transaction, with Datamine and Mineware undertaking to support South Africa\u2019s transformation goals.<\/p>\n\n\n\n
Over a three-year period, the companies have committed to support the promotion and development of historically disadvantaged people, workers and small and medium enterprises.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Competition Commission has approved a proposed acquisition of a local software development and consulting firm by Datamine Africa.<\/p>\n","protected":false},"author":15,"featured_media":628037,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[16],"tags":[69347,103166,103167,103169,103170],"class_list":["post-628036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-software","tag-constellation-software","tag-datamine","tag-datamine-africa","tag-mineware","tag-vela-software"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/628036"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=628036"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/628036\/revisions"}],"predecessor-version":[{"id":628039,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/628036\/revisions\/628039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/628037"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=628036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=628036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=628036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}