fonfun and Hybrid Technologies Ink Business Partnership

fonfun Inc. is pleased to announce that it has agreed to a business partnership with Hybrid Technologies Inc., a company that provides end-to-end services from upstream development processes (strategy and planning) to UX/UI design, development, operation and growth.

Our company’s mission is to “Make society smarter with technology,” and we are developing a cloud solutions business (SaaS and operation of our own products) and a digital transformation solutions business (development support and contract development through engineer dispatch). In our medium-term management plan formulated in 2023, we set “building a team of 100 engineers,” “utilizing an offshore development system,” and “expanding the digital transformation business” as key measures, and we have been promoting an aggressive M&A strategy to achieve these goals.

Hybrid Technologies has a global engineering structure that includes a subsidiary in Vietnam, and through collaboration with group companies, has built a system that can consistently handle everything from upstream processes (including UI/UX design) to implementation. The company is promoting growth based on three pillars: “expanding the development areas it supports in its existing businesses,” “expanding the solutions it provides,” and “expanding the markets it serves,” and we believe that this is highly compatible with our future business development.

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In particular, in terms of “expanding the development scope of existing businesses,” Hybrid Technologies has already established a consulting system that can accompany customers from upstream design, while our company’s strength lies in the ability to make proposals to customers that we have cultivated through our contract development work to date.

As Hybrid Technologies continues to make greater use of Vietnamese human resources, the two companies agreed that collaboration with our company would create synergies by leveraging each other’s strengths, leading to this partnership.

SOURCE: PRTimes