NTT DATA Corporation has acquired Business Formula (M) Sdn. Bhd.
Japan-based NTT DATA Corporation has acquired Business Formula (M) Sdn. Bhd., a Malaysia-based ERP consulting firm specializing in SAP software, for an undisclosed consideration.
NTT DATA Corporation is a leading IT solutions and service provider in system consultation and design. The company's subsidiaries provide a full range of IT services within the Asia-Pacific region and globaly. NTT DATA services include system consulting and design, development with specialization in web-based applications using Java and Microsoft.NET, and a regional support center. The company wanted to acquire SAP consulting service providers to expand their foothold in the Southeast Asian region.
Oaklins' team in Singapore advised the buyer on the financial structure of the transaction.
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Firecrown Media acquires railroad and space enthusiast brands of Kalmbach Media
Kalmbach Media, a leading independent media company that provides ideas and inspiration to avid hobbyists, enthusiasts and citizen scientists through its multichannel brands, has sold its railroad and space enthusiast brands, including Trains, Model Railroader, Classic Toy Trains, Classic Trains, Garden Railways, Trains.com, Astronomy, FineScale Modeler and Kalmbach Books, to Firecrown Media, one of the leading transportation media providers serving the aviation, boating and logistics sectors.
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