Frankfurt am Main, Germany, Release:  June 15, 2018.

Rhyton Solutions GmbH and Dorsa Group co. ltd. have announced today merger of their business operations to offer unified solutions to the projects and project-based organizations.

Rhyton Solutions GmbH will acquire the Dorsa PMIS (Project Management Information System) software, source code, knowledge-based, people and customer contracts and the merged business will operate under the Rhyton brand.

Dorsa Group co. ltd., founded in 2001, provides intelligent software solutions that facilitate engineering, procuring, constructing and delivering medium, large and mega projects especially in the energy industry.

“Dorsa PMIS offers an exciting opportunity for Rhyton Solutions to strengthen and expand its service offering in large and mega projects in the energy industry” explains Mahmood Mohammad Shafiei, founder and CEO of Rhyton Solutions GmbH.

Masoud Hassani, founder, and CEO of Dorsa Group, also commented “Rhyton’s acquisition of Dorsa provides a major growth opportunity for both our businesses through an extended service offering worldwide. Masoud will join Rhyton Solutions GmbH as Chief Operations Officer and Chairman within Rhyton Solutions.

The expanded business will serve more than 200 large and mega projects in oil, gas and petrochemical industry.

Rhyton Solutions GmbH is an intelligent information systems holding based in Frankfurt am Main, Germany. It has been focused on industrial software solutions since the year 2017.

More information about the software products it offers can be found at the company website: https://www.rhyton.de

Agreements to be completed by 25 July 2018 and 30% of the operations and staff of Dorsa to be transferred to Rhyton’s Headquarter in Frankfurt am Main shortly thereafter.

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