UAE Based ZainTECH To Acquire STS
ZainTECH has entered into an agreement to complete the acquisition of Specialized Technical Services Company (STS), one of the region's and Jordan's leading providers of digital transformation solutions. This strategic step allows ZainTECH to broaden its service offerings to corporations and government agencies, get access to top people, stimulate innovation, and strengthen its regional competitiveness.
Since its establishment in 1989, STS has been a key player in the digital transformation landscape across Jordan, Saudi Arabia, the United Arab Emirates, Bahrain, and Iraq. As one of the pioneer players in the industry, STS also stands as a forward-thinking, tech-savvy entity that has consistently fueled the digital transformation journey of the entire region, as per zawya.
The firm is well-known for its innovative hybrid multi-cloud solutions, solid managed cloud services, and complete cybersecurity products, which are supported by a cutting-edge security operations center (STS SOC), infrastructure and system integration skills, and licensing solutions.
STS has long-standing ties with industry heavyweights such as Cisco Systems, Dell Technologies, IBM, Microsoft, and Oracle, among others, thanks to a devoted staff of over 350 specialists. STS services approximately 500 customers in the Middle East and North Africa, including banking and finance, government, health, education, and telecommunications.
Ramzi Zeine, Co-Founder and Executive Chairman of STS said: “The momentum gained by ZainTECH since its launch in October 2021 has been nothing but remarkable, and we are excited to collaborate and support its growth and development from our standing point in Jordan and from our regional operations in Saudi Arabia, UAE, Bahrain, and Iraq. The Jordanian ICT sector is undoubtedly a key pillar in the national economy."