Noventiq completed the acquisition of DigiTech.

Noventiq, a global digital transformation and cybersecurity solutions and services provider, completed the acquisition of DigiTech, a Microsoft partner in Egypt with both Microsoft Cloud Solution Provider (CSP) and Licensing Solution Provider (LSP) status. Financial terms were not disclosed. "I am very excited to be part of the Board of Directors at DigiTech, an excellent company with an enormous potential for growth within Egypt and beyond. By welcoming DigiTech's pool of talent, we are also getting outstanding professionals with brilliant IT skills and capabilities that will complement our own. Noventiq will also benefit from DigiTech's market leading position and their world-class portfolio business which includes IT services and solutions, such as licensing, cloud, security, access management and infrastructure management to customers spanning several industries. Through this acquisition, Noventiq is fulfilling on its three-dimensional growth strategy to expand its geography, portfolio and sales channel capabilities," Hervé Tessler, Noventiq President and COO.