BSynchro, Berytech Fund close strategic partnership
- Lebanon: Wednesday, August 24 - 2011 at 12:52
- PRESS RELEASE
BSynchro celebrated its sixth anniversary on August 16th, 2011, few days after closing a strategic partnership with Berytech Fund, an ICT venture capital fund, acquiring an approximate 35% stake in the company, hence becoming part of a professional and innovative ICT group of promising Lebanese companies.
BSynchro works on revolutionizing the way business applications are developed as being part of its vision that is to synchronize and link knowledge to people, workflows to contents, transactional systems to smart interfaces and revolutionize the way people interact with their business.
User experience and simplicity are their credo. This allows BSynchro to propose solutions easy to use, quick to be adopted and most of all with the ambition to enable companies' owners & stakeholders to realize profits and surpass their competitors.
Boosted by this new partnership with Berytech Fund, BSynchro is ready to advance much more into innovation, new technologies, user experience and build solutions to change how people are doing business.
Commenting on this partnership, Mr. Michel Chammas, CEO of BSynchro, declared, "We are proud today to announce this partnership with a fund that shares with us the same faith and vision. Together we believe that from the same shore that exported the alphabet to the world thousands of years ago Lebanon can continue exporting innovation and can be a leader player in the ICT world."
"Thanks to the achievements of innovative and technology-driven enterprises such as BSynchro, said Mr. Maroun Chammas, Chairman of the Berytech Fund, Lebanon is becoming rapidly a show-case for ICT solutions. BSynchro has demonstrated it can be a world-player in business applications, and through the fund's investment, this ambition will be accelerated," he added.
BSynchro began its activities in 2005 with five collaborators now exceeding more than thirty-five employees, serving around fifty customers in the MENA region, with new Business Intelligence projects servicing the USA.
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Notes and Media Contacts »
BSynchro is a Business & IT consulting firm advising and delivering to its customers Instrumented, Innovative, Intelligent operational IT solutions: aiming to enhance customer experience, improve process efficiency and increase profitability. BSynchro has a particular expertise in Business Intelligence solutions & services as well as in Insurance Peripherals Business Applications.
About Berytech Fund:
Berytech Fund is a Lebanese start up fund. Its mission is to invest in early growth Lebanese companies whose business is in the information and communication technology (ICT) in exchange for equity ownership. With over USD6 million under management, the Fund focuses on technology companies in Lebanon with proven commercial viability.
Media contact:
Faiza Hankir
Head of Marketing Communications
Marketing Communications Division
BSynchro
Tel: +961 1 499 300 Ext.111
Fax: +961 1 499 300 Ext.110
Sin El Fil ▪ Patriarch Arida Street ▪ Jamil Iskandar Building, 4th floor
P.O. Box 45-131 Hazmieh, Lebanon
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Posted by Siba Sami Ammari



