eLinear lands in Dubai

US-based systems integrator eLinear Solutions has taken the plunge in the Middle East. The security and IP telephony solutions provider has signed a binding letter of intent to form a joint venture with an unnamed Dubai investment group to launch its regional operations.

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By  Stuart Wilson Published  August 9, 2005

US-based systems integrator eLinear Solutions has taken the plunge in the Middle East. The security and IP telephony solutions provider has signed a binding letter of intent to form a joint venture with an unnamed Dubai investment group to launch its regional operations. The joint venture, which will be based in Dubai, will operate as eLinear Solutions Middle East and will be majority owned by eLinear. The joint venture will focus on the delivery of eLinear’s suite of services in the UAE, Qatar, Jordan, Lebanon, Oman, Saudi Arabia and several other countries in the Middle East. Michael Lewis, president and CEO at eLinear, stated: “The price of oil in recent years has created increased IT budget dollars for infrastructure and technology investment in the Middle East. There are numerous opportunities for eLinear Solutions offerings as the Middle East nations and the companies doing business there are focused on upgrading their infrastructures and spending more on information technology to do so.” Ramzi Nassar, chief strategy officer at eLinear, added: “Many of the economies in the Middle East are growing at extraordinary rates, and the opportunity to establish eLinear as a market leader early-on is too great to ignore. We anticipate that our growth overseas will outpace our growth in the United States.” eLinear forecasts global revenues of between US$32m and US$36m for fiscal 2005 and expects to reach operating profitability during the fourth quarter of 2005. eLinear bills itself as a communications, security and compliance company providing integrated technology solutions including information and physical security, IP telephony and network and storage solutions infrastructure. The company claims that its services allow companies to increase productivity or reduce costs through investment in technology. eLinear works with a wide range of major IT vendors including Computer Associates, Cisco, Citrix, Juniper, Sun, Microsoft, Symantec and Trend Micro.

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