e& enterprise, the digital transformation division of e&, has completed its $60 million acquisition of GlassHouse, a managed cloud and SAP infrastructure service provider based in Türkiye. This acquisition reinforces e& enterprise’s capabilities in private cloud and managed services, particularly within the banking and financial services sector. The acquisition, initially announced in June, also aims to expand e&’s footprint to 34 markets, solidifying its international growth strategy. GlassHouse will operate as a fully-owned subsidiary of e& enterprise while retaining its brand identity and operational independence. The deal follows e& enterprise’s previous successful market entries into Saudi Arabia, Egypt, Qatar, and South Africa.
Digital Transformation, Cloud Services, Banking and Financial Services, Mergers & Acquisitions,Türkiye, United Arab Emirates, Saudi Arabia, South Africa, Qatar, Egypt
https://www.zawya.com/en/press-release/companies-news/e-and-enterprise-successfully-completes-60mln-acquisition-of-glasshouse-expanding-into-turkiye-qatar-and-south-africa-pxorwhh1