Adfolks, a cloud-native engineering company based in the UAE that offers a wide range of cloud transformation services, has been acquired by ZainTech, the one-stop digital solutions powerhouse of the Zain Group.
As per the statement from the company, this acquisition fits with ZainTech's strategic plan to increase its technology services and provide comprehensive solutions to its expanding customer base. It also marks another step in the Zain Group's '4Sight' strategy, which aims to transform the company from a mobile operator to a multi-core digital ICT entity.
Adfolks contributes its team of knowledgeable engineers, customer success managers, and experts in agile project delivery to the ZainTech family as a Microsoft Azure Cloud Gold Managed Partner (runner-up for partner of the year in 2021 and 2022), AWS Select Partner, and GCP Consulting Partner.
With this acquisition, ZainTech will be able to offer its clients in the region more innovative, scalable, and secure cloud-native applications and other technology solutions, according to the company.
Arun Mohan, a serial entrepreneur, created Adfolks in 2016 with the goal of assisting businesses in using cloud and cloud-native technologies to address business difficulties. The business offers unique services that speed up time to value and returns on investment by automating technical procedures.
ZainTech CEO Andrew Hanna said: "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."
On the tieup, Mohan said: "I am excited about this next chapter for Adfolks with ZainTech. The combined strength will be a value not only to our respective business objectives but most importantly to our clients who will benefit from the combined expertise and innovation of Adfolks and ZainTech."