Solutions Strategic M&A - Giza Systems Acquisition
solutions by stc evolution
Expanding from serving stc alone to serving government and enterprises across KSA
1995
Naseej, AwalNet and
Alamiah.net, 3 of Kingdoms
largest ISPs merge
Awalnet
acquired ISP
license
أول نت
Awal Net
2002
AVVAL
IT Services
2007
solutions won 1st SI
project. Revenues
jumped to SAR 300 Mn
Rebranded as stc
solutions. 800+
employees & presence in
all major cities
solutions enters into
cybersecurity space
& starts building loT
capabilities
Milestone
IPO - solutions
listed in the Saudi
main market
2009
2011
Acquisition
stc acquires
AwalNet for
SAR 100 Mn
solutions enters
into Cloud service
play
2014
STC
الاتصالات السعودية
حلول SOLUTIONS
solutions invests in
cloud and builds cloud
platform
2019
2021
2022 & beyond
Rebranded as
solutions by stc
solutions
by stc
E2E Digital Enabler
& ICT Services Provider
solutions
by sic
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