Yokogawa Electric Corporation is pleased to announce that it has reached an agreement with Web Synergies (S) Pte. Ltd., a provider of advanced IT (Information Technology) and IT/OT (Operational Technology) integrated solutions, to acquire the company. The two companies have been collaborating for more than 10 years to provide solutions and services for internal and external digital transformation (DX), and Yokogawa invested in Web Synergies in October 2021. With this acquisition, Yokogawa will further strengthen its DX-related business, including cloud services, corporate data management and integration services, and IT/OT security solutions, which it provides to customers. The acquisition date is scheduled for early May.
Founded in 1998, Web Synergies delivers bespoke business solutions and consulting to transform your business by driving sales, improving productivity, and streamlining operations and marketing. As an experienced business software provider, we leverage our unique strengths to help our clients build and run innovative, sustainable businesses. In addition to its headquarters in Singapore, Web Synergies has offices in Hyderabad, Bangalore, Tokyo, Dubai, Houston and Ho Chi Minh City.
Web Synergies CEO Gideon Lim said, “We are proud to become part of the Yokogawa Group. We will continue to leverage our expertise to meet the expectations of our stakeholders. With a shared vision, we will continue to promote DX business in the manufacturing industry and in the growth markets that Yokogawa participates in, aiming for continued growth.”
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Hiroaki Kanoki, Executive Officer and General Manager of the Digital Strategy Division at Yokogawa Electric Corporation, said, “With Web Synergies now part of the Yokogawa Group, we have further strengthened our structure to provide comprehensive DX services to both existing and new markets. By combining the expertise of both companies in IT, OT, and ET (Engineering Technology), we will support our customers’ DX efforts globally.”
SOURCE: PRTimes
