InfoFort, an Aramex subsidiary and a leading records and information management solution provider in the Middle East and Africa, has acquired a 51 per cent stake in Turkey-based CBKSoft Software, an electronic content management (ECM) company.

Aramex first entered the Turkish market in 1998 and now has 12 offices across the country. The acquisition of CBKSoft provides significant opportunities for Aramex and InfoFort to continue their regional expansion, taking advantage of increasing demand for innovative information management and business solutions.

CBKSoft offers a range of innovative IT services including its state-of-the-art enVision document and workflow management system. These services complement InfoFort’s comprehensive suite of records and information management solutions.

The acquisition will further expand InfoFort’s reach in the region by giving Turkish customers greater access to its client–focused, technology-driven solutions. InfoFort services, including physical records management, electronic records management, media and tape vaulting and rotation and secure data destruction will be gradually introduced to the Turkish market.

At the same time, enVision and other CBKSoft services will also be exported to InfoFort’s markets across the Middle East and Africa.  Since enVision is available in five different languages and can be easily integrated into routine business operations, the service can be adopted in diverse market environments. The management of CBKSoft will remain the same and continue to manage the company following the acquisition.

Abed Shaheen, chief executive officer of InfoFort, said: “CBKSoft is one of the most exciting and successful software boutiques to emerge in the Turkish IT industry over the last decade. The company, with its great team and advanced technology, is a perfect strategic fit for InfoFort and the acquisition presents a unique opportunity to leverage the complementary strengths of our respective services.  This will be a critical move in enhancing our range of information management solutions for all of our customers. We will continue to stress the need to our existing and potential clients to invest in digitisation and in automating paper driven processes and the acquisition of CBKSoft will make this service even more accessible to them.”

Salih Kanli, chief executive officer of CBKSoft, said: “Our reach across Turkey, in addition to the range of information management solutions we provide, have resulted in significant competitive differentiation for our business and brand. We believe InfoFort is the right partner for us to expand our presence, both locally and in the Middle East and Africa. Our customers will now also be able to benefit from InfoFort’s wider network, breadth of information management solutions and its innovative, customer-focused technologies, whilst still being able to enjoy our services.”

With the Middle East and Africa expected to post the world’s highest cloud traffic growth rate by 2018, customer demand for digitisation and secure data storage will continue to increase rapidly. CBKSoft and InfoFort are aligned in their efforts to help regional customers meet this increased demand, making the deal a logical, strategic fit. – TradeArabia News Service