Sep 182 min read

Quantum Switch and Maerifa Solutions Sign Memorandum of Understanding to leverage Data Center and Financial Services as a service.

Abu Dhabi, UAE, 16th September 2024

This partnership sets the foundation for both companies to explore opportunities within the financial services sector and data center infrastructure, providing innovative and reliable solutions to clients worldwide.

Under the terms of the MoU, Quantum Switch and Maerifa Solutions will explore the engagement of go-to-market efforts targeting the financial services sector. Quantum Switch will bring its expertise in data center services, including physical space, HVAC, power, and operations, while Maerifa Solutions will focus on server and GPU infrastructure and related solutions. This partnership is expected to streamline offerings to financial services companies, ensuring the highest standards of efficiency and scalability.

Mitesh Gupta, Non-Executive Chairman of Maerifa Solutions, expressed his enthusiasm for this major step:

This MoU with Quantum Switch is an important step forward for Maerifa Solutions. By combining our expertise in server infrastructure with Quantum Switch's capabilities in data center development and operations, we are confident that we can offer an unparalleled suite of services to financial institutions. This collaboration opens up significant new opportunities for both companies, and we are excited to get started.

Tim Bawtree, Chairman of Quantum Switch, highlighted the importance of this strategic alliance:

Partnering with Maerifa Solutions allows us to leverage their market presence while providing our global expertise in data center development and operations. Together, we will work to create innovative solutions tailored for the financial services sector, ultimately improving service delivery for clients. We look forward to the mutual benefits this collaboration will bring.

The MoU represents a significant milestone in the ongoing efforts of both Quantum Switch and Maerifa Solutions to enhance their market presence to a global audience.

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