Page 83 - SAMENA Trends - September-October 2022

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

ZainTech Enters Agreement to Acquire Leading Managed Cloud Provider,

BIOS Middle East

ZainTech, the one-stop digital and ICT
solutions powerhouse of Zain Group,
announces it has entered into an agreement
for the complete acquisition of BIOS Middle
East, a regional managed secure cloud
provider with a presence in the United
Arab Emirates, Saudi Arabia and Oman.
The acquisition, subject to regulatory
approvals, will result in the full migration
and integration of BIOS Middle East’s
operations within ZainTech over the next
12-18 months. Since its establishment in
2002, BIOS has served over 300 global and
regional customers by offering managed
services and cloud solutions with 24x7x365
support and a measurable SLA. CloudHPT,
Amazon Web Services, Microsoft Azure,
managed multi-cloud access, security as
a service, infrastructure as a service, and
disaster recovery as a service are just a
few of the capabilities provided by over
140 BIOS professionals across the region.
Commenting on the agreement, Bader Al
Kharafi, Zain Vice-Chairman and Group
CEO said, “This deal represents a major expand our offerings.” Hanna continued, multi-cloud managed service provider. This
step in ZainTech’s expansion strategy “ZainTech is a young company focused on deal will allow us to accelerate and scale
and our determination to transform Zain becoming a leading technology partner to towards that goal, with further benefits
into a leading ICT and digital lifestyle corporates and governments in the region. to both our customers and people. I am
provider. ZainTech is key part of Zain's We look to achieve this through organic excited and energized to become part
value accretive '4Sight' strategy centered growth and acquisitions of value-adding of the ZainTech team”. ZainTech's cloud
on evolving Zain's core telecom business companies. The decision to acquire BIOS business supports organizations, in
to maximize value and build on the was driven by its relevance, presence, regulated and non-regulated industries
company's many strengths to selectively leadership, market access, and expertise.” across its footprint in leveraging the power
invest in growth verticals beyond standard Hanna concluded, “Integrating the BIOS of the cloud to deliver transformational
mobile services.” Andrew Hanna, ZainTech operations within ZainTech, coupled with IT outcomes. Through global alliances,
CEO said, “Managed cloud is a highly leveraging Zain Group's regional footprint significant investments in automation, and
relevant and critical business area for our and advanced network, will enable us to strong advisory, professional, and managed
region, and with BIOS’s established strong provide customers the best enterprise services, ZainTech's cloud business brings
customer base, years of experience, and cloud experiences in the region.” Dominic customers high-quality cloud capabilities
exceptional team, this strategic acquisition Docherty, BIOS Middle East Managing with flexible pricing that helps optimize and
will supercharge our capabilities in hybrid Director, said, “BIOS shares with ZainTech reduce their total cost of ownership.
and multi-cloud managed services and the goal to become the region’s leading

83 SEPTEMBER-OCTOBER 2022