Kuwait-based ZainTech, part of telecoms provider Zain Group, has acquired UAE-based cloud-native engineering firm, Adfolks, according to a press release.
The acquisition aligns with ZainTech’s strategic plan to expand its technology services and offer holistic solutions to its growing customer base and represents another step in Zain Group’s ‘4Sight’ strategy, transforming from a mobile operator to a multi-core digital ICT entity.
Adfolks, founded in 2016 by Arun Mohan, provides services that automate technological processes, accelerating time to value and returns on investment.
Adfolks has a proven track record for creating growth through transformative technology and agile delivery methods and is recognized for its expertise in Modern Infrastructure, Application Modernization, Security, Data & ML, and Automation.
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, Adfolks brings its team of expert engineers, customer success managers, and agile project delivery specialists to the ZainTech family.
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.
Andrew Hanna, CEO of ZainTech commented, “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.”
Arun Mohan, CEO of Adfolks, 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.”
The acquisition of AdFolks follows ZainTech’s recent acquisition of BIOS Middle East, a leading provider of Managed Private Cloud Services in the region, both entities strengthening ZainTech’s portfolio of hybrid, cloud-native and multi-cloud managed services.
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