MDS System Integration has completed the acquisition of Maaloomatiia Arabian Gulf Trading (MAG), which specialises in data-driven digital transformation for enterprises.
Established in 2012 and headquartered in Dubai, UAE, with additional operations in Lebanon and India, MAG today has over 40 professionals in Data Consultancy, Data Engineering, AI, Machine Learning, Business Intelligence and Data Monetisation. The MAG team provides trusted and valued advise to over 80 customers in the MENA region spanning key industry domains like Banking, Telecom, Public Sector, Insurance, Oil and Gas, Education and Transportation.
Commenting on the acquisition, Sami Abi Esber, President of MDS System Integration said, “The acquisition of MAG comes as yet another milestone in strengthening our ability as a group to help customers with their digital transformation journeys. A couple of years ago we acquired MAGNOOS, which is a pioneer in Data Management and Analytics, Digital Service Management and Robotic Process Automation.”
“Now MAGNOOS will be further strengthened with the MAG acquisition and will have unmatched capabilities and expertise in the whole Big Data, Analytics and AI Space. The combined team, along with other members of the MDS SI ecosystem of companies, are in a unique position to serve any customer’s transformation needs.”
On January 1, 2023, MAG will effectively become fully owned by MAGNOOS Information Systems (MAGNOOS), and will operate under the management of Michael Halas, Managing Partner of MAGNOOS.
“We are very excited about the enriched value proposition this brings to our customers” said Michael Halas, Managing Partner, MAGNOOS. “The synergies between MAGNOOS and MAG will help customers unleash the full potential of their data and truly utilise it as a strategic asset. The depth and breadth of experience of our 100+ professionals, along with the partnerships we have with leading technology providers, will enable us to provide customers best of breed solutions for their digital transformation needs,” added Michael Halas.
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