Indian tech company AGC Networks to acquire Dubai based Fujisoft

Deal will provide AGC with expanded reach in its cloud computing, cyber services

Last updated: June 01, 2020 | 14:33

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AGC Networks has its strengths in cloud computing and cyber security. Buying out Fujisoft gives its geographical spread.

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Dubai: Part of India’s Essar Group, AGC Networks will be acquiring UAE headquartered Fujisoft and its associate companies. The deal is being done through the former’s “indirect” subsidiary, Black Box Holdings registered in Cayman Islands.

The proposed deal of the tech company is subject to approval from the departments of economic development in Dubai and Abu Dhabi. “This acquisition accelerates our expansion in MEA region,” said Sanjeev Verma, Executive Director and CEO of AGC Networks and President and CEO of Black Box Corp.

AGC and Black Box specialize in cloud computing, cyber security, and managed services.

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Indian tech company AGC Networks to acquire Dubai based Fujisoft

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