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Sunday, October 2, 2022

Bahria University Alumni’s startup acquired by UAE tech firm for $1 Million

In order to enter the developing startup market in South Asia, TecBrix, a digital transformation consulting firm with offices in the UAE, has acquired DevOps Pakistan, a company with offices in Karachi.

The acquisition specifics have not yet been publicly published by the corporations, although the deal has already been completed at a price of about $1 million. A TecBrix spokeswoman said that the valuation was based on the clientele that the company now serves and the value that its resources add to the equation.

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DevOps Pakistan is a dedicated network for teaching DevOps aspirants and creating chances for DevOps professionals. It was founded by Salman Siddique, an alumni of Bahria University and a DevOps Institute ambassador. The business has been offering customers DevOps Staff-Aug Services since 2018. The organization has placed more than 50 people who are now employed by tech companies all across the world.

“When I initially spoke with Salman about DevOps Pakistan, I was aware that this would serve as our entry point into the Pakistani market. We had the same objectives for the organization. According to Naveed Rehman, CEO of TecBrix, “We intend to join a market with a lot of potential and we need to give venues where they can demonstrate their talent and expertise.

Naveed is a Faisalabad-born technopreneur who currently resides in the UAE, which also serves as the headquarters for TecBrix. Before founding TecBrix, a company that specializes in providing services in DevOps and Cloud technologies, he had more than ten years of experience working with computer firms all around the world.

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The head of TecBrix stated, “DevOps Pakistan needs a lot of work, and while we realize that the community has not yet been completely functional, we have big hopes for it. One of them is staff augmentation; the platform already outsources DevOps experts, and that’s only the beginning.

In his concluding remarks, Naveed urged Pakistani IT companies to work together to give Pakistan more opportunities in the technology sector and help build a sustainable future for the younger generation, particularly but not only those working in the sector.

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