CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
0
0
0
0
0
Subscribe
CW Pakistan
CW Pakistan CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • Business

Systems Limited Approves Acquisition And Merger With Confiz Pakistan

  • December 12, 2025
Total
0
Shares
0
0
0
Share
Tweet
Share
Share
Share
Share

Systems Limited has announced that its Board of Directors has approved the acquisition of Confiz Pakistan (Private) Limited along with all direct and indirect shareholdings in the Confiz Group of Companies. The planned transaction will take place through an amalgamation or merger of Confiz into Systems Limited, according to a notice submitted to Pakistan Stock Exchange on December 11, 2025. The development reflects continued consolidation activity within Pakistan’s technology and IT services sector, signaling strategic alignment between the two companies.

The proposed merger will follow a draft Scheme of Arrangement prepared in line with the Companies Act 2017, and remains contingent on receiving the necessary approvals from shareholders, creditors, regulators, and the Lahore High Court. As part of the scheme, shares of Systems Limited are expected to be issued to the shareholders of Confiz. The process is designed to maintain transparency and compliance with all statutory requirements, ensuring the interests of stakeholders are safeguarded throughout the transaction.

Systems Limited has authorized its CEO, CFO, and Company Secretary to negotiate, finalize, and execute all relevant documents and agreements required to implement the merger. The board will oversee all necessary steps to facilitate the execution of the scheme, including the preparation of detailed documentation and submission to relevant authorities. According to the company, the finalized scheme and related documents will be circulated to Pakistan Stock Exchange and the shareholders at the appropriate stage, in accordance with the directions of the Lahore High Court and applicable legal regulations.

The company emphasized that the merger remains subject to all required legal and regulatory approvals, and may undergo adjustments as necessary during the approval process. The combination of Systems Limited and Confiz Pakistan is expected to create synergies in IT solutions and services, strengthen technological capabilities, and expand market reach for both entities. Observers note that such mergers reflect a growing trend in Pakistan’s IT industry toward consolidation and strategic alignment, aimed at boosting competitiveness and efficiency in domestic and international markets.

This acquisition aligns with Systems Limited’s broader strategy to enhance its service offerings and establish a stronger presence in the software and technology services sector. Once finalized, the merger is expected to provide enhanced value for shareholders and create opportunities for innovation, service expansion, and improved operational efficiencies across both companies. The companies involved are committed to ensuring a smooth transition and maintaining business continuity throughout the integration process.

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem. 

Share
Tweet
Share
Share
Share
Related Topics
  • business news
  • Companies Act 2017
  • Confiz Pakistan
  • Corporate Merger
  • IT sector
  • Lahore High Court
  • Mergers and Acquisitions
  • Pakistan Stock Exchange
  • Systems Limited
Previous Article
  • Global Insights

China’s Lijian-1 Mission Deploys Nine Satellites For Global Earth Observation And Education

  • December 12, 2025
Read More
Next Article
  • Global Insights

Germany Researchers Create 3D Global Building Atlas Covering 2.75 Billion Structures

  • December 12, 2025
Read More
You May Also Like
Read More
  • Business

Walee Technologies Secures International Media Rights For HBL PSL 11 Marking 149 Percent Increase In Value

  • webdesk
  • February 4, 2026
Read More
  • Business

FPCCI And Ipsos Deploy Data Driven Framework To Quantify Institutional Transparency Through iTAP Index

  • webdesk
  • February 4, 2026
Read More
  • Business

Itanz Technologies Shifts PSX Sector Classification To Technology And Communication

  • webdesk
  • February 3, 2026
Read More
  • Business

Mari Energies Forms Joint Venture With MSALABS To Launch Assay Laboratory In Pakistan

  • Press Desk
  • January 31, 2026
Read More
  • Business

LinkedIn Reports Growth In Users And Revenue As Video Ads Drive Engagement

  • Press Desk
  • January 31, 2026
Read More
  • Business

Elon Musk Explores Mergers Between SpaceX XAI And Tesla As Space IPO Looms

  • Press Desk
  • January 31, 2026
Read More
  • Business

Agritech Limited Returns To Profit With Rs2.89 Billion Earnings In 2025

  • webdesk
  • January 30, 2026
Read More
  • Business

Pakistan And China Strengthen Mineral Sector Cooperation Through E-Mining Platform

  • Press Desk
  • January 29, 2026
Trending Posts
  • LAAM Fashion Week Lahore 2026 Brings Technology And Retail Integration To Pakistan Fashion
    • February 5, 2026
  • Telenor Pakistan Successfully Migrates 90 Million Customers To Cloud-Native CBS
    • February 5, 2026
  • Apple iPhone 17e Launch Expected This February With MagSafe And A19 Chip
    • February 5, 2026
  • Google Pixel 10a Officially Unveiled With Pre-Orders Starting February 18
    • February 5, 2026
  • Nioh 3 Type B Controls Guide To Improve Martial Arts Combat
    • February 5, 2026
about
CWPK Legacy
Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
Read more
Explore Computerworld Sites Globally
  • computerworld.es
  • computerworld.com.pt
  • computerworld.com
  • cw.no
  • computerworldmexico.com.mx
  • computerwoche.de
  • computersweden.idg.se
  • computerworld.hu
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
CW Pakistan CW Pakistan
  • CWPK
  • CXO
  • DEMO
  • WALLET

CW Media & all its sub-brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. This site is designed by Crunch Collective. ©️1995-2026. Read Privacy Policy.

Input your search keywords and press Enter.