Pakistan could potentially boost its IT services exports to $10 billion in the near future, according to a recent study by the Pakistan Institute of Development Economics (PIDE). However, the study emphasizes that “strategic policy interventions are essential across short and long-term horizons to propel the IT industry into a robust era of sustainable growth…
All posts tagged IT services
Agfa partners with Atos to realize its digital transformation
PARIS, FRANCE: Atos and Agfa announced the conclusion of a major partnership according to which Atos will accompany Agfa’s digital transformation. Atos will provide and manage a major part of Agfa’s internal IT services and will support the company’s digital journey. As a global imaging technology and IT leader, Agfa has engaged in an ambitious…
Atea Finland acquires Gambit Group
OSLO, NORWAY: Atea Finland has acquired Gambit Group, an IT services provider based in Vaasa, Finland. The acquired business specializes in information management solutions, including data analytics, machine learning and related system development. The parties have agreed that transaction terms shall remain confidential. Gambit Group had revenue of approximately 4 million Euro in the fiscal…
Comms Group acquires onPlatinum for upto $18 million
SYDNEY, AUSTRALIA: Comms Group Limited (ASX: CCG) has acquired onGroup Holdings Pty Ltd (“onPlatinum”) to strengthens Group’s position in the corporate mid-market, expanding the company’s footprint into the QLD market. onPlatinum is purchased for an initial consideration of $12 million and an additional out-performance earn out component up to $6 million, taking the potential maximum…
SKS Technologies to purchase shares of Integrated Solutions for $5mn
SYDNEY, AUSTRALIA: SKS Technologies Group Limited has entered into a binding shares purchase agreement to acquire all shares of Integrated Solutions Group Queensland Pty Ltd. The total value of consideration shares purchase is $5 million with an initial cash amount of $1.8 million plus $1.2 million of new shares in SKS Technologies both due upon…
Save Asmervik appointed CEO of Webstep ASA
OSLO: Webstep ASA announced that Save Asmervik has been appointed Chief Executive Officer of the Company. Mr Asmervik assumes his new position at 15 February 2021. Liv Annike Kverneland, who has served as Interim CEO, continues as CFO. “The Board would like to thank Liv Annike Kverneland for ensuring continuity in this interim period. At…
Rhipe Limited acquires New Zealand based Parallo for NZ$4.25 million
SYDNEY: The Board of rhipe Limited has entered into binding legal agreements to acquire 100 percent of the share capital of Parallo Pty, a New Zealand-based IT services provider that specialises in infrastructure and cloud deployment technologies, a news release said. The initial purchase price for Parallo is NZ$4.25m payable in cash upon completion of…
Investcorp’s Calligo Limited acquires Itomic Voice & Data Ltd
BAHRAIN: Investcorp’s portfolio company Calligo Limited, the world’s first end-to-end managed data services provider, has acquired Itomic Voice & Data Ltd. Itomic is a Cork and Dublin-based IT managed services provider, specializing in IT solutions and maintenance and managed Microsoft 365 and Azure services. Founded in 2012, Jersey-based Calligo puts data and its privacy at…