Systems Limited, Pakistan’s largest listed IT services company, has announced plans to acquire Confiz, a global technology firm with a strong footprint in North America and Europe, marking one of the most significant IT consolidation deals in the country’s recent history. The company disclosed to the Pakistan Stock Exchange that its board has approved a court-sanctioned merger under which Confiz will be absorbed into Systems Limited through a share-swap arrangement rather than a cash transaction.
Under Pakistani corporate law, the merger will require approvals from shareholders, creditors, regulators, and the Lahore High Court before becoming effective. Once approved, Confiz shareholders will receive newly issued Systems Limited shares. The company’s senior leadership has been authorized to finalize the merger scheme and related documentation following court directions.
Systems Limited said the acquisition will significantly expand its global delivery capacity and deepen its expertise in high-value markets. Group CEO and Managing Director Asif Peer described the deal as a milestone that strengthens Systems’ ability to deliver innovation at scale, expand further into North America and Europe, and offer transformative digital outcomes to global enterprise clients.
Founded in 1977, Systems Limited is widely regarded as a pioneer of Pakistan’s IT industry and today operates as a global systems integrator serving Fortune 500 and public-sector clients across multiple regions. Its services span large-scale digital transformation, cloud, AI engineering, and managed services. Confiz, established in 2005, brings strong capabilities in retail and consumer-goods digital transformation, advanced data engineering, AI-driven modernization, and cloud solutions, with operations across the US, Canada, Europe, South Asia, and Latin America.
The merger is expected to enhance Systems Limited’s competitiveness in enterprise markets, particularly in retail, where demand for AI-enabled forecasting, supply-chain modernization, and omnichannel commerce continues to grow. Analysts view the deal as a signal of Pakistan’s IT sector maturing and scaling globally, as local firms increasingly position themselves as full-service digital transformation partners for international clients.
