RIYADH: UAE-based e& enterprise, which is part of the global technology and investment group e&, has completed the acquisition of technology solutions providers Smartworld.
This happens as e& enterprise progresses into the enterprise digital space and enables organizations to maximize their digital potential, according to a statement.
Smartworld will now operate under e& enterprise and formally rebranded to e& enterprise iot and ai.
The firm’s solutions portfolio will be embedded in the established Internet of Things and artificial intelligence business lines of e& enterprise.
“As part of our long-term vision and strategy in the area of IoT and AI, we are keen to ramp up our efforts in helping governments and enterprises elevate to data-driven and highly automated organizations,” the CEO said.
“Through the acquisition, we can do this and more, as enterprise customers seek to accelerate their digital transformation journey,” Salvador Anglada added.
Established in 2008, Smartworld implements and operates advanced technology solutions.
