STME buys three Saudi companies
Acquisition to expand systems integrator's portfolio and KSA footprint
Systems integrator STME has announced the acquisition of three companies in Saudi Arabia, to increase the company's portfolio and its footprint in the Kingdom.
STME has bought physical security specialist Integrated Security Solutions (ISS), which has over 12 years of experience; cybersecurity company MEST, which specialises in encryption, anti- eavesdropping, and electromagnetic shielding; and infrastructure specialist JAWA, which also has a 12 year history.
The acquisitions are intended to broaden the company's portfolio of services, solutions, and products, and increase its capabilities and expertise.
"By acquiring ISS, MEST and JAWA, we have expanded our portfolio of services and products, and profile by adding on over 50 specialists. We are delighted of the outcome of our negotiations and look forward to serving our clients, both existing and new, with our expanded range and expertise," commented Ayman Al Bayaa, CEO of STME.
The acquisitions in Saudi Arabia will assist STME in achieving its corporate mission of being a full System Integrator with a SSS focus -Security, Storage and System Integration.