Sun-Tech Group, which is known as the innovation arm of MAAN Investment Group, was formed to invest in new technologies related to the parent company’s business portfolio. The purpose of the formation of Sun-tech Group was to create the necessary and required mechanisms to access new technologies and connect them with MAAN’s business portfolio.
On the one hand, Sun-tech is trying to act as a player in the field of new technologies by making venture investments in new technologies related to MAAN’s business portfolio. On the other hand, this group tries to search for game creation strategies by generating different players in technology development and start-up companies such as innovation labs, business development studios, and innovation factories.
By relying on these two strategic orientations, Sun-tech will be able to create the necessary infrastructure to search for new technological opportunities and apply them. On the other hand, Sun-tech Group tries to act as an intermediary between MAAN’s businesses and new technologies, and meet their technological needs endogenously by investing in other technology companies or developing these technologies.