Arab Sea subsidiary signs 1-year contract with Accelerated Solutions for data center

31/10/2022 Argaam
Logo ofArab Sea Information System Co.

Logo of Arab Sea Information System Co.

Arab Sea Information System Co. said its subsidiary, Era Data Information Technology Co., signed an agreement with Accelerated Solutions Co. to operate and maintain the data center. 

 

The contract, valued at SAR 3.8 million, has a term of one year starting from Jan. 1, 2023, the company said in a Tadawul statement. 

 

Under the contract, Accelerated Solutions will operate and maintain the data center to host cloud computing services. 

 

The financial impact of the deal is expected during Q1 2023, the firm said, noting that the transaction doesn’t include any related parties. 

 

The company will start trial operations during this period, which will continue until year-end.  

 

Hosting requests will start from Jan. 1, 2023, the statement said. 

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