Axelerated Solutions for Communications & Information Technology Co. - AXELERATEDSOLUTIONS

Activities

Axelerated Solutions for Information and Communication Technology Co. was established in 2015 in Riyadh, Saudi Arabia, by a team of experienced IT and business professionals with backgrounds in telecommunications, banking, healthcare, manufacturing, government, military, and retail. The company was created with the goal of delivering tailored IT solutions to help organizations overcome operational challenges.

Growth and Achievements
Since its founding, Axelerated Solutions has expanded into a leading ICT services provider, offering managed services, software licensing, PCs, and accessories. Over the years, it has successfully completed more than 750 projects, serving 300 clients across various industries.

Key Milestones
- 2015: Established with a focus on IT and business solutions.
- 2018: Broadened service offerings to include cloud solutions and data center infrastructure.
- 2022: Strengthened collaborations with major technology vendors to enhance service quality.
- 2025: Completed an IPO on the Nomu-Parallel Market, securing capital for expansion.

IPO and Market Presence
On June 1, 2025, Axelerated Solutions for Information and Communication Technology Co. made its stock market debut on the Nomu-Parallel Market, trading under the symbol 9637 with the ISIN Code SA16AGDKMIH2. The company issued three million shares, representing 10.71% of its post-IPO capital, which now stands at SAR 28 million. The offering saw 208.1% subscription, indicating strong investor demand.

Vision and Strategic Direction
Axelerated Solutions for Information and Communication Technology Co. aspires to be a trusted leader in digital transformation, delivering innovative and secure solutions to enhance business efficiency. The company's long-term strategy aligns with Saudi Vision 2030, emphasizing technological progress and sustainable development.