Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Singapore
Completed
software company
Minority
Friendly
Private
Cross Border
Software
Synopsis
Mitsubishi Electric, an electronics and electrical equipment manufacturing company, completed the acquisition of a minority stake in FTV Labs, a SaaS company. Financial terms were not disclosed. “With rising demand for essential technical services and talent shortage, KEGMIL aims to empower millions of deskless professionals with workflow automation and mobile-first technologies to drive operational efficiency, service performance, and knowledge retention," Kelvin Ong, FTV Labs Co-founder and CEO.
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