ZainTech acquires UAE-based cloud-native engineering firm Adfolks

  • Date: 23-May-2023
  • Source: GCC Business News
  • Sector:Technology
  • Country:UAE
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ZainTech acquires UAE-based cloud-native engineering firm Adfolks

ZainTech, the one-stop digital solutions powerhouse of Zain Group, has acquired Adfolks, a UAE-based cloud-native engineering firm that provides a comprehensive range of cloud transformation services.

This acquisition aligns with ZainTech’s strategic plan to expand its technology services and offers holistic solutions to its growing customer base

Further, it represents another step in Zain Group’s ‘4Sight’ strategy, transforming from a mobile operator to a multi-core digital ICT entity.

Adfolks was founded by serial entrepreneur Mr. Arun Mohan in 2016 with a vision to help clients leverage cloud and cloud-native technologies to solve business challenges. The company provides exclusive services that automate technological processes, accelerating time to value and returns on investment.

This acquisition will further expand ZainTech’s technology services portfolio, including innovative, scalable, and secure cloud-native applications and other technology solutions for its clients across the region.

Mr. Andrew Hanna, CEO of ZainTech commented that, “Combining Adfolks’ expertise and talent with ZainTech’s and Zain’s B2B teams’ resources and capabilities will enable us to drive even more value for our clients in the dynamic and constantly evolving technology landscape by streamlining their digital transformation journey, making it simpler and more seamless than ever before.”

The acquisition of AdFolks follows ZainTech’s recent acquisition of BIOS Middle East, a