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Issue Date: June 2007

Torque IT acquires SmartSource Learning solutions

7 June 2007

Torque IT has announced that it has acquired 100% of the business and assets of SmartSource Learning Solutions, the only Platinum Partner for Novell Education in Africa.
"SmartSource is an excellent fit for our business", says Gary Chalmers, CEO Africa and marketing director, Torque IT. "Firstly, it brings across key management skills in our coastal region; secondly, the joint market share of the two entities on the Novell business will now give us just over 90% of the total market."
Matthew Costello, previously CEO of SmartSource Learning Solutions and now divisional managing director: Coastal Regions at Torque IT, says, "This is a fantastic opportunity for us to focus on developing the coastal market.
Torque IT has a considerable team and a superb reputation, which can now be used as the basis for our future growth in the coastal region in general, and in sub-Saharan Africa for our Novell and Open Source portfolio."
The acquisition is effective countrywide immediately. All SmartSource operations will move into Torque IT's offices in Rivonia and Cape Town effective Monday 4 June.


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