TecBrix, a UAE-based digital transformation consulting company, has acquired the Karachi-based DevOps Pakistan to mark its entry into the South Asian nation’s booming startup ecosystem.
While the companies haven’t yet fully disclosed the acquisition terms, the deal has been finalized at around $1 million. According to a representative at TecBrix, the valuation has been done based on the existing service-based clientele and value addition by the resources of the company.
Founded by Salman Siddique, a Bahria University Alumni and DevOps Institute ambassador, DevOps Pakistan is a dedicated community for mentoring DevOps aspirants and building opportunities for DevOps professionals. Since 2018, the company has been providing DevOps Staff-Aug Services to companies. The company has placed 50+ professionals successfully who are employed by tech companies around the globe.
“The first time I talked to Salman about DevOps Pakistan, I knew this would be our gateway into the Pakistani market. We shared a mutual goal for the company. We intend to enter a market with a lot of potential and we need to provide platforms where they can showcase their talent and skills,” said Naveed Rehman, CEO TecBrix.
Naveed is a technopreneur from Faisalabad who is currently based in the UAE, which is also the headquarter for TecBrix. He has more than a decade of experience working with tech giants around the globe before launching TecBrix, a company that focuses on offering services in DevOps and Cloud...
Read Full Story: https://propakistani.pk/2022/08/15/tecbrix-acquires-devops-pakistan-for-around-1-million/
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