Pacific Controls, the Global IoT & Cloud Services Provider, Acquires 33% Equity Stake in UK Based “Inframon Ltd” the Cloud Transformation Specialist
Pacific Control Systems (PCS), the UAE-based global leader of Internet of Things (IoT) and Cloud Services solutions, announced today that it has completed the acquisition of 33.33 per cent equity stake in Inframon Limited, a UK-based IT cloud transformation company. The deal will position PCS as a global leader in cloud services.
Pacific Controls is a pioneer in the convergence of cloud computing, managed services and large scale data management with real time machine intelligence and is driving the integration of physical and virtual worlds. Inframon is well-known for its expertise in helping transition of large organizations to cloud technologies.
Commenting on the stake acquisition, Mr. Dilip Rahulan, Executive Chairman, Pacific Controls, said: “Pacific Controls has been in the forefront of providing end-to-end solutions for delivery of IOT services to both Government and private sector. Our association with Microsoft in this space has set new industry benchmark for providing their highly customized, robust and scalable cloud-based solutions for enterprises. Our association with Inframon will help in further strengthening our expertise.”
“Over the last decade, Inframon has demonstrated their strength in creating a flexible engagement model that helps enterprises speed to market and increase their capability and capacity. Their success can be gauged by their list of clients – some of them being the biggest names in their respective industries. I am hopeful that with Pacific Controls’ expertise and global reach, more enterprises would be able to take advantage of Inframon’s business model,” he added.
Mr. Sean Roberts, Managing Director of Inframon, said: “This is a game-changing announcement that we are making today. We have been well-poised to grow the business globally. The relationship with Pacific Controls will provide Inframon with access to expertise and other resources that will also help to underpin the accelerated growth plans.”
The intersection of the latest trends - the Internet of Things and People - creates unimagined new values for Governments and businesses globally, enabling them to deliver real time business intelligence and smart city applications to the people.
*Source: ME NewsWire
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