Omani Tech Giant Promize Acquired by T2 During Riyadh Tech Conference

Promize, a prominent Omani company specializing in customer data analysis and multi-channel communication, has announced its acquisition by T2, a leading entity in research, business development, and digital transformation headquartered in Riyadh.

The acquisition deal was sealed during Oman's active participation in the esteemed "Leap 2024" global tech conference held in Riyadh, Saudi Arabia, from March 4th to 7th, 2024.

Saif Al-Issaie, Co-founder and CEO of Promize, along with Mamdouh Al-Aqeel, CEO of T2, inked the agreement in the presence of Dr. Ali Al-Shidhani, Undersecretary of the Ministry of Transport and Communications for Communications and Information Technology, and an accompanying Omani delegation.

Expressing his views on the significant move, Saif Al-Issaie highlighted, "The innovative technological solutions and exceptional technology built within Promize will accelerate T2’s expansion process, enabling it to serve a new segment of customers and meet their needs, focusing heavily on enhancing user experience in applications."

He further emphasized, "Today, we are proud to be part of the success story of the pioneering business sector in Oman, as Promize represents the second successful acquisition by a Saudi company of an Omani company."

Established in 2022, Promize has carved a niche for itself in the sector, boasting a sophisticated and competitive system renowned for its exceptional capabilities in streamlining analysis and communication operations effectively.

Source: EntArabi