iSON Acquires GTS from ENO

As part of the iSON Group, GTS will have the opportunity to expand to 29 countries across the MEA, India and ASEAN region

iSON Technologies along with its co investor Dhabi One Investment Services has acquired Global Technology Services (GTS), a wholly-owned subsidiary of the Emirates National Oil Company (ENOC).

The acquisition enables iSON Technologies to expand its services and client portfolio in the UAE and the GCC, while enabling GTS access to other sectors such as telecommunications, aviation, media and entertainment, as well as expanding across Africa and APAC regions, where iSON Group has a very strong presence. The acquisition also enables iSON Technologies to provide significant operational and cost efficiencies along with a better service to ENOC and iSON’s other partners in the UAE and GCC. The acquisition significantly reduces ENOC’s capital expenditure on IT infrastructure and provides a more consistent operational expenditure whilst benefitting from improving IT services.

Commenting on the acquisition, Mr Sina Khoory, Executive Director, Shared Services, ENOC, said, “With GTS’s third party business and the services provided to ENOC Group, ISON strengthens its capabilities to expand their service and client portfolio in the UAE and GCC.

Founder and Chairman of ISON, Mr Ramesh Awtaney also comments; “ISON’s leadership has very good experience working with Fortune 50 IT companies and has built exceptional customer trust in Africa and APAC regions specifically. The acquisition of GTS will give us a great edge over competitors in existing and new geographies.”