Yokogawa Electric Corporation has reached a deal to buy Singapore-based Web Synergies, a leading provider of IT, integrated IT, and operational technology (OT) solutions.
For over a decade, the two firms have successfully partnered to provide solutions and services for internal and external digital transformation (DX), with Yokogawa investing in Web Synergies in October 2021*.
This acquisition will allow Yokogawa to strengthen its DX-related business by delivering cloud services, enterprise data management and integration services, and IT/OT security solutions to its customers.
Web Synergies, founded in 1998, provides personalized business solutions, consultancy, and other services that help clients improve their organizations by increasing sales, productivity, and operational and marketing efficiency.
As seasoned business software suppliers, their distinctive need-based, consultative approach assists clients in developing and running more innovative and sustainable enterprises. Web Synergies, headquartered in Singapore, manages operations in Hyderabad, Bengaluru, Tokyo, Dubai, Houston, and Ho Chi Minh City.
Leadership Comments
Gideon Lim, CEO of Web Synergies, said, “We are proud to now be part of the Yokogawa family. Our leadership team is committed to continuing to leverage our expertise to surpass the expectations set forth by our key stakeholders. With a shared vision for success, we look forward to achieving growth by developing DX business opportunities in the manufacturing industry and the emerging sectors that Yokogawa is targeting.”
Hiroaki Kanokogi, a vice president, executive officer, and head of the Digital Strategy Headquarters at Yokogawa Electric, said, “With Web Synergies now part of the Yokogawa Group, we are poised to further accelerate our efforts to deliver a comprehensive suite of DX services to both existing and emerging markets. By integrating the IT, OT, and engineering technology expertise of both companies, we will support our customers’ DX journeys on a global scale.”
The transaction is planned to be finalized in early May 2025.
To Know More: CLICK HERE
