ITWorx
ITWorx is an Egyptian IT service management company headquartered in Cairo.[1] The company provides governments[2] and companies with cloud-based and on-premise software[3] in addition to education solutions[4][5] through ITWorx Education[6][7][8][9][10], a division that was established in 2003.[11][12]
History[edit]
ITWorx was founded by Youssri Helmy and Wael Amin in Cairo in 1994.[13] Helmy met Wael Amin and was excited that Microlabs, a company Wael started earlier, developed Microsoft Windows applications and it would complement his Apple applications.[14] Together, they started ITWorx as a software outsourcing company.[15] The company received an investment from the Commercial International Investment Co. and the International Finance Corporation in 2001.[16]
In 2001, ITWorx Headquarters was inaugurated in the free zone in Cairo.[17]
Acquisition[edit]
In 2000, ITWorx acquired online food delivery platform Otlob after seven months of its launch, then sold it a year later.[18][19] In January 2008, ITWorx sold a 79% stake in its business to a consortium of investors.[20] The acquisition was made by EuroMena Fund, Venture Capital Bank and Proparco.
References[edit]
- ↑ "AUConnect Brings Alumni to Campus | The American University in Cairo". www.aucegypt.edu. Retrieved 2019-09-29.
- ↑ Musa, Developed By Heba. ""التعليم" توقع مذكرة تفاهم مع شركة أي تي وركس". بوابة اخبار اليوم. Retrieved 2019-12-15. Unknown parameter
|url-status=ignored (help) - ↑ "آي تي وركس تطلق حلولها المتخصصة في مجالات الخبرة المختلفة". البوابة العربية للأخبار التقنية (in العربية). 2006-04-23. Retrieved 2019-09-29.
- ↑ "Itworx Education glocalizes e-learning in EMEA and beyond". Wamda. Retrieved 2019-09-29.
- ↑ "'اي تي وركس' تسعى لتطوير التعليم التكنولوجي في المدارس". جريدة الدستور. Retrieved 2019-12-15.
- ↑ "WUZZUF hosts recruitment, talent management event". EgyptToday. Retrieved 2019-09-29.
- ↑ "Microsoft and ITWORX launches "EduShare" with The Egyptian Ministry of Education". EgyptInnovate. 2016-04-11. Retrieved 2019-09-29.
- ↑ editor20 (2017-11-20). "عطاء التعليمية توقع شراكة مع مايكروسوفت وكودت وآي تي ووركس". صحيفة المواطن الإلكترونية (in العربية). Retrieved 2019-12-15.CS1 maint: Extra text: authors list (link)
- ↑ الوفد. "إريك جولدنبرج رئيساً تنفيذياً لشركة "أي تي وركس التعليمية"". الوفد. Retrieved 2019-12-15.
- ↑ "تعيين إريك جولدنبرج رئيسا تنفيذيا لشركة "أي تي وركس التعليمية"". مصراوي.كوم. Retrieved 2019-12-15.
- ↑ ""إريك جولدنبرج" رئيساً تنفيذياً لشركة "أي تي وركس التعليمية" - جريدة البورصة". alborsaanews.com. Retrieved 2019-12-15. Unknown parameter
|url-status=ignored (help) - ↑ "إريك جولدنبرج رئيسًا تنفيذيًا لشركة "أي تي وركس التعليمية" في الخليج والشرق الأوسط - اموال الغد | اموال الغد - اقتصاد". أخبارك.نت (in العربية). Retrieved 2019-12-15.
- ↑ MacBride, Elizabeth. "What A Tiny Skateboarding Startup Tells Us About The Global Entrepreneurship Movement". Forbes. Retrieved 2019-12-15.
- ↑ "Egyptian technology startups stand on the shoulders of giants". TechCrunch. Retrieved 2019-09-29.
- ↑ Wire, Business (2016-09-25). "An Alliance with Microsoft, Tigo Business, Lenovo and Zepto Marks ITWORX's Expansion into Africa". ITWeb. Retrieved 2019-09-29.
- ↑ ""آى تى وركس" تستهدف جذب استثمارات صناديق خاصة بعد تخارج يورومنا". جريدة المال (in العربية). 2018-09-10. Retrieved 2019-12-15.
- ↑ Ghana, News. "Tigo Business and Microsoft on a new partnership deal - News Ghana". Retrieved 2019-12-15. Unknown parameter
|url-status=ignored (help) - ↑ "Egypt's Otlob sold for a bargain to Rocket Internet". Wamda. Retrieved 2019-09-29.
- ↑ "Otlob bought by German e-commerce giant". Mada Masr. Retrieved 2019-09-29.
- ↑ Sutton, Mark. "ITWorx sells 79% stake to investment consortium". ArabianBusiness.com. Retrieved 2019-09-29.
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