Sagtecs Global Ltd. Announces Strategic Acquisition of Smart Bridge to Propel AI Innovation and Market Expansion

Reuters
05-29
Sagtecs Global Ltd. Announces Strategic Acquisition of Smart Bridge to Propel AI Innovation and Market Expansion

KUALA LUMPUR, Malaysia, May 29, 2025 - Sagtec Global Limited, a leading provider of customizable software solutions, announced its plan to acquire Smart Bridge Technology Limited, a fast-growing agentic AI software company. The acquisition, valued at approximately US$17.6 million, is expected to transform Sagtec into a full-spectrum AI technology leader, enabling the delivery of predictive, real-time intelligence across Asia. This strategic move will enhance Sagtec's capabilities in behavioral analytics, decision automation, and intelligent enterprise software, broadening its reach into high-growth sectors such as logistics, fintech, and hospitality. Kevin Ng, Chairman, Executive Director, and CEO of Sagtec, emphasized that this marks a transformative chapter for the company, reshaping business operations and unlocking new revenue streams.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sagtec Global Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9459983-en) on May 29, 2025, and is solely responsible for the information contained therein.

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