InfraX, a Digital DEWA company that offers ICT and digital services, has signed a Memorandum of Understanding (MoU) with Aurum Equity Partners, a California-based Private Equity Firm.
The MoU, signed during GITEX GLOBAL 2024, aims to enhance the deployment of next-generation edge infrastructure in the UAE and the MENA region, with an emphasis on sustainability and ESG principles.
The partnership addresses the surging need for localized, high-performance AI ready, Edge data center infrastructure in the era of 5G and AI, while ensuring environmental sustainability.
As 5G deployments are booming across the MENA region, it fuels the demand for smart, secure, and AI-enabled data centers. This initiative will support next-generation applications such as Connected Cars, Smart Cities, and Blockchain-based DeFi, which require a new approach to data center design, from far edge to near edge, with focus on end-to-end security and energy efficiency.
Rashid Alahmedi, Chief Operating Officer at InfraX, commented that, “By combining InfraX’s expertise in IoT and smart city solutions with Aurum’s proven capabilities in ESG-focused infrastructure development, we’re creating a foundation for sustainable urban digital transformation. This partnership will deliver fast, secure, and intelligent services across various sectors, aligning with the region’s digital and sustainability goals.”
Venkat Bussa CEO & Chairman – Aurum Equity Partners & Founder – Aurum Group
“Our collaboration with InfraX will establish a robust, environmentally responsible edge computing ecosystem. We’re committed to enhancing the speed and reliability of critical services while minimizing environmental impact. This partnership reflects our shared vision for a sustainable, future-ready digital infrastructure in the UAE.”
Under the partnership, InfraX and Aurum Equity Partners will jointly explore opportunities in deploying green edge computing infrastructure. The focus will be on creating scalable, energy-efficient, and sustainable edge computing solutions that fall in line with the UAE’s vision, which aims to elevate the nation’s status as a global leader in both digital innovation and environmental stewardship.
This ESG-centric approach to AI edge computing infrastructure development is expected to set new standards in the industry, fostering tech adoption and supporting the UAE’s ambitious digital transformation and sustainability objectives.
