1.Yokogawa Electric Announces Acquisition to Strengthen Digital Transformation Capabilities Recently, Yokogawa Electric that holds a leading position in the global industrial automation and control field announced that it has reached a final acquisition agreement with a Singapore based company specializing in IT and IT/OT (operational technology) integrated solutions. Over the past decade, both parties have maintained a close partnership, jointly providing solutions and services for digital transformation (DX) within and outside the enterprise. As early as October 2021, the Japanese company made strategic investments in Singaporean enterprises. The acquisition is expected to be completed in early May 2025, with the aim of further enhancing the company's business capabilities in the field of digital transformation, particularly in key areas such as cloud computing, enterprise data management and integration, and IT/OT security. 2.Singaporean Company’s Global Presence and Expertise in Tailored Business Solutions Since its establishment in 1998, this Singaporean company has been striving to tailor business solutions and professional consulting services to clients, while helping businesses improve sales, optimize operational efficiency, enhance marketing strategies, and ultimately achieve sustained business transformation and innovation. As an experienced software service provider, our customer-oriented consulting approach has been highly praised and recognized by our clients. At present, the company has established its headquarters in Singapore and has branch offices in Hyderabad, Bangalore, Tokyo, Dubai, Houston, Ho Chi Minh City, and other places, with business covering the global market. 3.CEO Expresses Pride in Joining Yokogawa and Emphasizes Future Collaboration The CEO of the company stated in a statement that it is a great honor to join a globally renowned industrial group. He said: We are immensely proud to be a member of this big family. Our management team will continue to leverage their professional strengths and do their utmost to exceed the expectations of our customers and partners. We firmly believe that working together will create win-win opportunities for both parties, and we look forward to exploring the potential of digital transformation in manufacturing and other emerging fields to promote sustainable development of our enterprise. 4.Acquirer’s Senior Manager Highlights Enhanced Global Digital Transformation Services A senior manager and head of digital strategy from the acquirer also stated:This acquisition will greatly enhance our ability to provide digital transformation services globally. By integrating the deep experience and expertise of both parties in IT, OT, and engineering technology, we will provide more comprehensive and in-depth solutions to global customers, helping them accelerate their journey towards a digital future. About Yokogawa Electric Yokogawa Electric provides advanced solutions i...
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