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Announced

DHI Telecom to acquire Yogofi.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Single Bidder

Singapore

Mobile

mobile Wi-Fi

Pending

Acquisition

Majority

Synopsis

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DHI Telecom, which delivers advanced technical solutions in both private and public sectors including fiber-optic lines, satellite uplinks, mobile Wi-Fi hotspots, and the commercial Internet, agreed to acquire Singapore-based Yogofi, a startup in advanced mobile Wi-Fi for global business and leisure travel. Financial terms were not disclosed. This acquisition allows DHI to gain instant growth in Asia and an ideal synergy with technology. “We picked Yogofi for their incredible growth in the Asian mobile data market and their cloud-based virtual SIM platform. Yogofi’s B2C travel agency network in Asia is an ideal fit for our portfolio,” Wallace Davis DHI Telecom CEO.

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