fbpx
Techitup Middle East
Editors Pick

EuroTech ME Announces Acquisition of IO21

  • IO21 Specializes in Comprehensive Technological and Software Solutions 
  •  EuroTech ME expands its portfolio of services to offer a solution that fits all its customers’ needs

EuroTech ME, has announced the full acquisition and complete takeover of its sister company, IO21, known for its innovative software and technological services. This strategic move is a clear demonstration of EuroTech ME’s commitment to expanding and enhancing its comprehensive range of solutions.

“We are extremely proud to announce this acquisition; it marks a significant milestone for us and underlines our dedication to the region,” said Michael Andersen, Founder & CEO at EuroTech ME.  “Integrating IO21’s expertise into the EuroTech ME portfolio not only broadens our service offerings but also strengthens our position as a leading provider of innovative technology solutions. It’s a testament to our commitment to investing in high-quality tools and services, and to supporting the growth of the technology sector in the region.”

Hailey Yoon, Former Co-Founder and CTO at IO21, expressed her enthusiasm about the acquisition: “I’m absolutely thrilled about our acquisition by EuroTech ME. This marks a new era of growth and endless possibilities for IO21’s innovative software solutions across the entire technology spectrum.”

EuroTech ME is delighted to confirm that 70% of IO21’s skilled staff will be staying on board following the acquisition. These talented individuals are poised to greatly bolster EuroTech’s operations. They will be integrated into the technical and marketing departments and will play a crucial role in business development. A key focus of their contribution will be to fortify EuroTech’s IT support services, enhancing the company’s overall capabilities.

Related posts

Freshworks Announces CEO Transition 

Editor

Tech Mahindra and TM Forum to Upskill Next-Gen Workforce

Editor

IFS Acquires EmpowerMX 

Editor

Leave a Comment