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Systems Limited to acquire Confiz in one of Pakistan's biggest tech

image sourced from original article at https://www.arabnews.com/node/2625893/pakistan

Systems Limited, Pakistan's largest listed technology services company, has announced plans to acquire Confiz, a global technology firm with a strong presence in North America and Europe. The merger, described as one of the biggest IT consolidation deals in Pakistan's history, will see Systems Limited issue new shares to Confiz's owners, pending approval from shareholders, regulators, and the Lahore High Court.

The acquisition is expected to significantly expand Systems Limited's global delivery capacity and strengthen its expertise in high-value markets, particularly in retail digital transformation and artificial intelligence-driven modernization. Company leaders say the deal marks a new era for innovation and will help position the merged entity as a leading technology provider for clients worldwide.

Confiz brings deep experience in retail, consumer goods, and advanced data engineering, serving several Fortune 100 enterprises. By combining resources, Systems Limited aims to compete more aggressively in the United States and European markets, reflecting the growing international ambitions of Pakistan's technology sector.

Original article source: https://www.arabnews.com/node/2625893/pakistan
Source Id: 2025-12-920062678

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