US-based Aspen Technology is expanding its business in the Middle East by establishing a sales and services organization through a partnership with Kuwait’s Petroleum Services Company (PSC).
PSC and AspenTech have jointly established a new independent company known as AspenTech Middle East (ATME), which will be owned and operated by PSC. The organization will be responsible for future sales and marketing efforts in the region, and will also manage the majority of the services agreements.
ATME will provide AspenTech's Middle East customers with a local team of sales professionals, business consultants and technology specialists.
PSC is the regional provider of technical and IT solutions to the petroleum and petrochemical industries in the Middle East. Employees of both AspenTech and PSC will join forces to form the ATME management team and board of directors. PSC will be responsible for future costs associated with the operation of ATME, which will be headquartered in Kuwait and Dubai. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
