"Arkan Integrated Solutions" announces its plan to acquire full ownership of "SITEC Information Technology"
📅Dubai, UAE –December 29, 2020
Arkan Integrated Solutions, a leading Information and Communications Technology Company in Egypt and Saudi Arabia announces its plan to acquire full ownership of SITEC Information Technology, a leading Unified Communication distribution company based in United Arab Emirates.
The acquisition will help Arkan accelerate and expand its vision and enable it to widen its territory as well as broaden its portfolio of Collaboration and Unified Communications Solutions.
“We are happy with the steps taken by Arkan and SITEC shareholders to proceed with the acquisition. The acquisition will better strengthen both companies leading to more accelerated growth. Arkan will benefit from Sitec spread across the MENASA region and Sitec will benefit from Arkan's unique strong technical expertise in the business” said Ghassan T. Shalabi SITEC Information Technology CEO.
“By acquiring SITEC, we can provide our customers and partners a wide range of Products & Solutions and address their emerging and growing business needs. We will be able to expand and strengthen our offering of an unparalleled portfolio of integrated intelligent solutions for Video Conferencing, IP Phones, Cloud & on Premises IP-PBX, Headsets, Call Recording, Fax Solutions, Accessories and more. This combined offering empowers customers with the collaborating tools and flexibility needed to create the best-connected experience anywhere and anytime" said Hussam Fawzy, Arkan Integrated Solutions Chairman.