Newsroom
A major new player has joined Cyprus’ growing tech scene. US-based software and AI company TKI is officially setting up shop on the island after merging with Hybrid ConsulTech, which will now operate as TKI EMEA.
The move is being hailed by Invest Cyprus as another sign that the country is fast becoming a regional hub for innovation and artificial intelligence.
Marios Tannousis, CEO of Invest Cyprus, said the partnership is a big step forward for Cyprus’ AI market. “It strengthens business ties between the US and Cyprus and highlights the island’s potential as an innovation hub,” he said. “By combining global expertise with local talent, we can drive more growth and create new opportunities.”
Tannousis added that the merger also underscores why more international tech firms are choosing Cyprus; its strategic location, skilled workforce, and business-friendly environment make it an ideal base for companies looking to reach Europe, the Middle East and Africa.
Thomas Gamble, partner and group CEO of TKI, said the company sees Cyprus as “an emerging bridge between Europe, the Middle East and Africa.” He added that TKI plans to invest in local talent and work closely with Invest Cyprus to push forward new AI and data-driven technologies across the region.
Monica Ioannidou Polemitis, Partner and Managing Director for EMEA, described Cyprus as a “dynamic startup platform” for business technologies. She said the company is eager to tap into the island’s growing tech ecosystem to deliver advanced AI and data solutions to clients throughout the region.
Invest Cyprus serves as the government’s official investment promotion agency, helping foreign companies expand into Cyprus and promoting the country as a competitive, modern business destination.
TKI is an American software and consulting company specializing in AI, data intelligence, business software, and compliance solutions for enterprise clients around the world.
