Malta Tech Pioneer Jesmond Pace Retires
FACT’s Founder Jesmond Pace Retires: A Chapter Closes in Malta’s Tech Scene
In the heart of Malta’s technology hub, at the bustling SmartCity Malta, the news echoed through the halls. Jesmond Pace, the man who started it all, was retiring from FACT, the software company he founded over two decades ago.
From Garage to Global: Jesmond Pace’s Journey
Jesmond Pace’s story is a testament to Malta’s tech evolution. In the late 90s, when the internet was still a novelty in Malta, Pace saw potential. He started FACT in his garage, writing code and nurturing an idea that would one day employ over 100 people.
FACT grew, expanding its services from software development to digital marketing, AI, and cybersecurity. Today, it’s a global player with clients spanning Europe, the US, and the Middle East. Pace’s vision, coupled with Malta’s strategic location and growing tech ecosystem, turned FACT into a success story.
Paving the Way for Malta’s Tech Industry
Pace’s retirement isn’t just the end of an era for FACT; it’s a milestone in Malta’s tech journey. FACT was one of the first Maltese companies to embrace the digital revolution. It set standards, inspired others, and helped shape Malta’s tech scene.
Malta’s Minister for Economy, Investment and Small Businesses, Silvio Schembri, paid tribute to Pace, saying, “Jesmond’s retirement marks a significant moment in Malta’s tech calendar. He’s not just a founder; he’s a pioneer who showed us all what’s possible.”
FACT’s legacy extends beyond its offices. It’s in the tech graduates it employed, the startups it inspired, and the policies it influenced. Pace’s retirement leaves a void, but it also opens doors for the next generation of Maltese tech leaders.
What’s Next for FACT and Malta’s Tech Scene?
FACT’s board has announced that the company will continue operating under new management. Pace will remain involved as a consultant, ensuring a smooth transition and maintaining the company’s vision.
As for Malta’s tech scene, Pace’s retirement is a call to action. It’s a reminder that while we celebrate our pioneers, we must also nurture our future. It’s time to invest in our tech talent, foster innovation, and build on the legacy Pace and FACT have left behind.
In the words of Pace himself, “FACT is more than a company; it’s a community. It’s been an honour to lead this community, and I look forward to seeing what the next generation will build.”
