ZainTech, the one-stop digital and ICT solutions powerhouse of Zain Group, has completed the acquisition of BIOS Middle East, a leading provider of Managed Private Cloud Services in the region. This transaction was first announced in October 2022 and aligns with Zain Group’s strategy to maximize value and expand into growth verticals beyond standard mobile services.
The integration of BIOS, with a presence in the UAE, Saudi Arabia and Oman and over 150 professionals serving over 300 regional customers, has strengthened ZainTech’s portfolio of hybrid and multi-cloud managed services.
Commenting on the acquisition, Andrew Hanna, ZainTech CEO, said, “This is a major milestone in our growth journey that uniquely positions ZainTech as a leading integrated provider of hybrid and multi-cloud services, providing customers with the best resources in the region. We are thankful of Zain Group’s trust and support in the completion of this transaction, and now our focus turns to growing the business further and seeking other prime opportunities that enhance our capabilities and create value for all stakeholders.”
News of the tie-up between ZainTech and BIOS Middle East has already garnered positive market reaction, with ZainTech having been awarded a major accolade at the Telecom Review Summit Excellence Awards 2022 gala ceremony for “Best Middle Eastern ICT Investment” for the deal.
ZainTech's cloud business supports organizations in regulated and non-regulated industries across its footprint in leveraging the power of the cloud to deliver transformational IT outcomes. Through global alliances, significant investments in automation, and strong advisory, professional and managed services, ZainTech's cloud business brings customers high-quality cloud capabilities with flexible pricing that helps optimize and reduce their total cost of ownership.
