March 5, 2024
PRESS RELEASES

Advansys Expands Portfolio Through Strategic Acquisition

Advansys announces its acquisition of FORTE CLOUD – a Cloud Service Provider and Consulting Partner. The acquisition is one of the main milestones in achieving Advansys aggressive expansion plan. This acquisition is not just a merger of two entities, but a fusion of expertise and innovation. Advansys will incorporate FORTE CLOUD’s expansive range of cloud services, including advanced cloud architecture and migration solutions. This integration is set to revolutionize Advansys’s portfolio driving unprecedented value for customers and partners alike.

FORTE CLOUD is a strong, strategic fit for Advansys and the combination of our two companies will drive significant value for both our partners and customers” said Advansys Chairman and CEO, Ahmed ElMoghazy. “FORTE CLOUD’s leading services in the MEA region will add to Advansys, creating a world-class portfolio of offerings. Also, the addition of exceptional talent to our team brings in new expertise and proficiency.

As the two companies join forces, Ahmed ElMoghazy is appointed as the Chairman and CEO of FORTE CLOUD, Abdelrahman Elposhi is appointed as the Chief Technology Officer, Yasser Mamdouh is appointed as the Chief Financial Officer, and Moheeb Darwish is appointed as the Chief Commercial Officer.

Abelrahman Elposhi, founder of FORTE CLOUD, shares his optimism “Today’s announcement is a testament to our shared vision of innovation and excellence. The synergistic potential between Advansys and FORTE CLOUD promises to elevate our service capabilities and create a transformative impact in the technology sector.

Last Updated on 2 months by Middle East News 247

    Middle East News 247

    Middle East News 247

    Middle East News 247 delivers trending business and lifestyle news and essential infotainment for, and from the Middle East region, with key focus on the GCC nations: United Arab Emirates (UAE), Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman.
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