Midis acquires MAGNOOS to expand its Digital System Integrator profile
By Nikita Chaurasia  Date: 2020-10-05

Midis acquires MAGNOOS to expand its Digital System Integrator profile

Midis SI Group, the system integration & service subsidiary of MIDIS Group, has reportedly announced its acquisition of MAGNOOS, a leading Software Value Added Reseller (VAR) & technology implementation firm. Sources close to the matter stated that the acquisition will help Midis SI to strengthen its offerings as well as capabilities as a Digital System Integrator.

For those uninitiated, although MAGNOOS is based in Abu Dhabi, the company operates in Middle East & Africa (MEA), and has a presence in Athens, Egypt, India, and Saudi Arabia. The firm is led by Michael Halas, the founder, who is reportedly expected to join Midis SI Group as Managing Partner of MAGNOOS following the acquisition.

Sources further cited that MANGOOS will work closely with MDS AP and other affiliates of Midis SI to enhance their market reach and strengthen the presence of MAGNOOS in Saudi Arabia and UAE.

Sami Abi Esber, President of Midis SI reportedly stated that this acquisition will strengthen the company’s capabilities in analytics and Big Data domain. He added that the joint venture will also help in shifting their focus towards creating strong digital ecosystem and reinforce their offerings and services in in AI/ML, AutoML space with ML Ops.

Speaking of the move, Michael Halas, Managing Partner of MAGNOOS, mentioned in a comment the acquisition will allow the two companies to expand their portfolios in the areas such as data management & analytics, digital business automation and digital service management systems.

About Midis SI Group

Midis SI Group is a leading SI (System Integrator) across various countries and reportedly has associations with global technology vendors such as Veeam, Lenovo, Juniper, SAP, IBM, Oracle, Apple, Cisco, HP Inc., HPE, Dell EMC, and Microsoft Corp. among others.

The company provides Site & Power Solutions, Mobility & Communications, End User Computing, Software & Professional Services, Managed IT Services, Cloud & Data Center Infrastructure & Services, and Enterprise IT.

Source Credits –

https://www.zawya.com/mena/en/press-releases/story/Midis_SI_Group_acquires_VAR__Technology_Implementation_company_MAGNOOS_Information_Systems_LLC-ZAWYA20201004075343/

About Author

Nikita Chaurasia    

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Nokia, Greener Acres partner to boost smart city development in Canada
Nokia, Greener Acres partner to boost smart city development in Canada
By Nikita Chaurasia

According to reliable sources, Finnish multinational telecommunication, consumer electronics and information technology company Nokia Corp. has reportedly signed an agreement with Greener Acres Canada Inc. to collectively develop and upgrade the util...

OneOncology launches OneR to accelerate clinical research programs
OneOncology launches OneR to accelerate clinical research programs
By Nikita Chaurasia

In recent developments, Tennessee-based oncology medical service provider OneOncology Inc., has reportedly announced the establishment of a newly formed subsidiary named OneR (OneOncology Research Network). Sources close to the matter claimed that O...

Helix Technologies, MOR Analytics to unite under new banner Forian Inc.
Helix Technologies, MOR Analytics to unite under new banner Forian Inc.
By Nikita Chaurasia

According to reliable sources, U.S.-based critical infrastructure service provider of cannabis industry, Helix Technologies Inc. has reportedly announced a strategic merger with Medical Outcomes Research Analytics LLC (MOR Analytics) to become wholly...

German software firm Celonis launches the market’s first EMS
German software firm Celonis launches the market’s first EMS
By Nikita Chaurasia

Celonis, a German leader in AI-enhanced Process Excellence and Process Mining, has reportedly launched the first EMS (Execution Management System) of the industry. The company has specifically developed the EMS to remove system complexity, which is t...

Informatica adds advanced capabilities to enterprise cloud platform
Informatica adds advanced capabilities to enterprise cloud platform
By Nikita Chaurasia

Informatica, a leading US based enterprise cloud data management firm, has reportedly rolled out new, enhanced capabilities that are designed to help its clients become cloud-native, cloud-first in the COVID-19 pandemic. IDC (International Data Corpo...