By Laju Iren
INFORMATION Technology services company, iSON Technologies, recently acquired Global Technology Services, GTS, from the Emirates National Oil Company, ENOC, in a deal both parties say will be beneficial to the IT industry as a whole.
Commenting on the acquisition, Executive Director, Shared Services, ENOC, Mr Sina Khoory, said: “iSON’s core business is IT Services including mobile, in the Middle East and Africa, and this therefore is a solid, value enhancing match for GTS. With GTS’s third party business and the services provided to ENOC Group, ISON strengthens its capabilities to expand their service and client portfolio in the UAE and GCC. ENOC and its operating business units will continue as a core customer of GTS, based on the existing Service Level Agreement between ENOC and GTS, so there will be no immediate changes to our IT Services.”
Founder and Chairman of ISON, Mr. Ramesh Awtaney on his part said: “ISON’s leadership has very good experience working with Fortune 50 IT companies and has built exceptional customer trust in Africa and APAC regions specifically. The acquisition of GTS will give us a great edge over competitors in existing and new geographies.”
GTS, an ENOC subsidiary, is an Infrastructure management and technology consulting organization offering value-added IT services to a variety of customers in UAE, Kuwait and Saudi Arabia, using customized solutions to meet their specific requirements. It has two business segments; IT Infrastructure Management and consulting/ systems implementation services focusing on complex applications and process automation.
As part of the iSON Group, GTS will have the opportunity to expand to 29 countries across the MEA, India and ASEAN region.
The acquisition of GTS is a reflection of iSON Technologies’ commitment to assembling best-in-class IT and technology services and solutions across all stages of the outsourcing lifecycle.