This investment is the beginning of a strategic relationship between Cisco and Estarta, which will include Estarta establishing a Cisco Technical Support Center in Jordan. This center will further drive Cisco's technical engineering support services for enterprise customers in Europe and the Middle East.
The Center, which will be officially inaugurated by Cisco's CEO, John Chambers, in September 2004 in Amman, is expected to become a vital part of Cisco's network of technical centers around the world.
"This investment by Cisco in Estarta is a milestone in the development of Jordan's Information and Communications Technology (ICT) sector. It reflects both the attractiveness of investing in the Kingdom's ICT sector, as well as the continued success of Estarta as a regional leader in the sector," said Ennis Rimawi, CEO of Estarta Solutions. "Cisco Systems has shown a strategic interest in enhancing its presence in the region, and Jordan and Estarta were selected as having the right ingredients to make such an investment by Cisco a success."
The Cisco Technical Support Center being established by Estarta will employ highly qualified engineers and will integrate closely with other Cisco global centers to provide resolution of technical support issues faced by Cisco customers across the Middle East and parts of Europe.
Cisco Systems has long had an interest in the region and showed strong support for ICT industry in various countries throughout the region. Estarta was the first Arab ICT company to attract direct equity investment from Microsoft and likewise now from Cisco, further endorsing Estarta as a regional IT leader that can provide world class technology solutions to enterprise clients globally.
"This investment by Cisco is the cornerstone for future cooperation between the two companies in other areas," added Rimawi. "Estarta will work actively towards adding value to a range of Cisco products and will be collaborating closely with Cisco to explore how we can expand our relationship."
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Cisco Systems makes investment in Estarta Solutions
- Jordan: Monday, August 09 - 2004 at 16:08
- PRESS RELEASE
Estarta Solutions announced today that Cisco Systems, Inc. has completed an investment in the company.
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About Estarta:Estarta Solutions is an international IT solutions company based in Amman, Jordan, with offices in Boston, Doha, Dubai, Jeddah and Riyadh. Estarta Solutions has emerged as a regional leader in creating and delivering software solutions, with a focus on Public Sector, Telecommunications and Financial Services enterprises. Powered by fourteen years of international experience, Estarta's client base extends across the Middle East as well as Europe and the US.
Posted by Christine H. Andersen, Assistant News EditorMonday, August 09 - 2004 at 16:08 UAE local time (GMT+4)
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