Announced
Financials
Sources
Tags
Singapore
cybersecurity
Friendly
Single Bidder
Joint Venture
Private
Majority
Cross Border
Digital Services
Pending
Synopsis
Noventiq, a global solutions and services provider in digital transformation and cybersecurity, headquartered in London, and Net One Asia, an IT solutions provider, agreed to form a joint venture as part of Noventiq's expansion strategy in the Asia Pacific region. Financial terms were not disclosed. “As we continue on our journey to list on Nasdaq, these steps in our expansion plan are crucial for Noventiq. Positioned to serve the Singapore market, this collaboration integrates Noventiq's innovative solutions and services with a robust Microsoft ecosystem, spanning across all industries. This venture promises unparalleled cybersecurity protections and the unique offerings of Microsoft, which will bring multiple benefits for companies within the market and the broader region. Beyond technological advancements, this partnership is set to create new job opportunities, enabling employees from both entities to participate in cross-training and contribute to a growing team dedicated to the success of the joint venture," Hervé Tessler, Noventiq CEO.
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