Gitex updates: Collaborating for growth

  • Date: 20-Oct-2021
  • Source: SME10X
  • Sector:Economy
  • Country:UAE
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Gitex updates: Collaborating for growth

Zain Group completes 100 percent acquisition of NXN to form ZainTech

Zain Group has completed 100 percent acquisition of NXN to become part of ZainTechin accordance with the strategic investment and agreement that was entered into by Zain Group and NXN’s co-founders in 2016.

ZainTech unifies Zain Group’s ICT assets to offer comprehensive digital solutions and transformation services under one roof. It provides a center of excellence and managed solutions for Cloud, Cybersecurity, Big Data, IoT, Ai, Smart Cities and Emerging Technologies incorporating NXN and Zain Data Park. Moreover, ZainTech will leverage Zain Group’s unique footprint and global reach, offering a single point of contact for sales and customer care for multinational corporations.