AntX, an Egyptian company specializing in research and development execution and R&D-as-a-Service, has announced the acquisition of Magnum Egypt, an education technology startup focused on robotics and electronics training.
The deal marks a strategic move to accelerate the development of the entrepreneurship ecosystem in Upper Egypt by integrating advanced technology solutions with structured talent development initiatives.
AntX designs and develops electronic solutions, embedded systems, Internet of Things technologies and industrial automation applications. The company works with businesses and institutions across multiple sectors and has expanded its footprint from Upper Egypt into broader regional markets.
Magnum Egypt was founded as an educational startup dedicated to teaching robotics programming and electronics to students. The company delivers hands-on learning programs and collaborates with schools and educational institutions to equip students, particularly in Upper Egypt and other governorates, with early technical skills. Its mission centers on preparing a new generation capable of meeting future demands in technology and engineering.
Through the acquisition, AntX aims to create a more integrated platform that bridges advanced research and development capabilities with early-stage technical education, strengthening the pipeline of talent in the region and supporting long-term ecosystem growth.
KEY QUOTES
“We see Magnum as a strong foundation with a clear product offering. This acquisition represents a strategic step that enhances our ability to expand and build a fully integrated ecosystem combining advanced research and development with talent development.”
Eng. Ahmed Emad, CEO of AntX
“This step marks a natural transition to a broader phase in Magnum’s journey. It enables us to expand our impact within a stronger and more sustainable framework.”
Eng. Mohamed Rashed, Founder of Magnum Egypt
