Softline acquires UAE-based system integrator Seven Seas Technology
Softline, a UK-based IT solutions provider, has signed a deal to acquire Seven Seas Technology (SST) based in the UAE for an undisclosed price.
Founded in 1983, Seven Seas Technology is a system integrator and information and communications technology (ICT) solutions provider. The company is said to partner with Microsoft and other major technology vendors to provide collaborative, multi-cloud strategies to medium and large enterprises.
Seven Seas Technology has more than 300 ICT trained and certified professionals to serve businesses across various sectors such as civil aviation, oil and gas, government, hospitality, banking and finance, healthcare, retail, and education.
Nayagam Pillai — Seven Seas Technology CEO said: “We started out almost 40 years ago and have built a reputation in our home market for being able to innovate processes and increase overall productivity. Joining Softline presents a great opportunity for our team to apply that expertise to some very exciting projects in the region and beyond.”
According to Softline, the acquisition marks a considerable addition to its operations in the Middle East and Africa (MEA) region.
Softline said that the deal will help organizations in the region can now access an enlarged portfolio of solutions and services, as well as its global talent base. This includes relationships that Softline has around the world with Microsoft and other various cloud providers.
Roy Harding — Softline Group Global CEO said: “This acquisition represents a major development in our three-dimensional strategy that we outlined at our IPO as we are expanding our geographical footprint, and positions us as a leader for digital transformation services in the important MEA region.
“Our FY2021 results recently showed that we are delivering on our promises to shareholders. The acquisition of Seven Seas is another example of our excellent execution capability.”