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.
Talk to the deal team
Related deals
123.tv has been acquired by DVC Partners
123.tv, a digitally driven home and live shopping and e-commerce platform with a unique live auction format offered on its own TV channels and digital platforms, has been acquired by DVC Partners, a pan-European private equity firm.
Learn moreNiscon Inc. has been acquired by SGPS ShowRig
Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.
Learn moreOSL has been acquired by Terma
OSL Group Limited, a leader in counter-drone security and safety systems, has been acquired by Terma AS, a Denmark-based global provider of mission-critical solutions for defense, aerospace and security.
Learn more