Propelling the region’s tech landscape: ZainTECH enters agreement to acquire STS, a leading digi…>
– @arabtimeskuwait
ZainTECH, the integrated digital solution provider of Zain Group, has announced the complete acquisition of Specialized Technical Services Company (STS), a leading digital transformation solutions provider in the region and the Kingdom of Jordan.
This strategic move allows ZainTECH to expand its service offerings, access top talent, foster innovation, and strengthen its competitive position.
STS, with over 30 years of experience, is known for its hybrid multi-cloud solutions, managed cloud services, cybersecurity offerings, and licensing solutions.
With partnerships with industry leaders and a customer base across various sectors, STS plays a significant role in the digital transformation journey of the Middle East and North Africa.
The acquisition aligns with Zain’s commitment to driving digital transformation and innovation in the region.
The deal is subject to regulatory approvals.
Link: https://www.arabtimesonline.com/news/propelling-the-regions-tech-landscape-zaintech-enters-agreement-to-acquire-sts-a-leading-digital-transformation-solutions-provider/