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Empire Microsystems to raise cash at NSE

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Empire Microsystems has announced plans to sell shares at Nairobi Stock Exchange in order to fund its expansion strategy. The provider of integrated business and technology solutions across East Africa in the Telecom, Financial, Real Estate, Service Industries and Government also plans to list on Nairobi Bourse’s Growth Enterprise Market Segment which is restricted for small and medium enterprises.

The organization dedicated to deliver new world of technology driven business solutions to advance the reach of customers works in conjunction with local companies; Safaricom, Wananchi Group, Huawei, and Jamii Telecoms  to provide internet connections to customers which has seen 5,000 buildings and 50,000 customers access internet in the past six years.

Empire offers turnkey telecommunication network infrastructure solutions which include supply of equipment, installation and testing, commissioning and maintenance of telecommunication networks.

The move is aimed at aligning the company with the growth in IT industry as well as the buzz in property and infrastructure space where they play a key link role between the sectors and the end users in order to build long-lasting relationships with customers and partners and lead the industry in responsiveness and flexibility.

This will also play a role in spreading the company’s reach to help and address all the criticality of System Administration process. In today’s volatile business world, enterprises face significant challenges in scaling and managing their IT infrastructure.

These solutions target specific business challenges and their implementation results in tangible business value. Be it to fulfill the needs of a telecommunications carrier, a private enterprise or a government institution Empire is dedicated to providing best-in-class technology solutions and services to its clients. The company’s main differentiators are the level of expertise of Empire’s employees acquired over decades of regional presence and hundreds of engagements, client focused culture, and the close partnership that they establish with leading providers of equipment and product suites.

Empire Microsystems will join a list of others, including consumer goods and tank manufacturer Flame Tree, Mayfox and East African Data Handlers in plans to list on GEMS this year. Equity Investment Bank will play lead transaction advisor once approved by NSE.

 

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Winfred Kuria
Winfred Kuria is a self-constituted web content writer in charge of Tech News and Events Publicity at Kachwanya.com. She will communicate in the simplest way possible with an aim of changing the world one mind at a time.
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