Advent aims to push into Saudi with Siscom deal

Investments management software firm Advent Software is partnering with Saudi system integrator Siscom.

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By  Administrator Published  February 8, 2007

Advent said the deal, announced last week, was part of an effort to expand its reach in Saudi Arabia and follows the launch of the company's regional headquarters in Dubai.

The software firm is also looking at other expansion opportunities in the region, executives said.

"This new partnership with Siscom builds on the recent opening of our Dubai office and confirms Advent's long-term commitment to the region as we work with local firms," said Håkan Valberg, EMEA general manager for Advent.

Valberg claimed that Advent's market share in the region had increased over the last two years, and said he saw a lot of growth potential, especially in KSA.

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