Mergers and Acquisitions

Toku acquires customer engagement firm Activeo Singapore to boost APAC businesses

Toku, a Singapore-based dedicated cloud communications provider, has on Tuesday announced that it has signed an agreement to acquire the Southeast Asia operations of Activeo, a leading customer experience (CX) consulting firm headquartered in France.

Singapore’s Alta acquires private digital securities exchange Hg Exchange

Singapore-based digital marketplace for alternative investments Alta (previously known as Fundnel) announced Monday the acquisition of the leading private digital securities exchange Hg Exchange (HGX).

Singapore’s Endowus acquires Hong Kong’s Carret Private Investments to boost wealth management business

Endowus, the Singapore-based digital wealth advisory platform, announced Monday that it has completed its acquisition of a majority stake in Carret Private Investments Limited, a Hong Kong-based wealth manager and multi-family office that serves ultra-high-net-worth individuals, families, trusts and charitable organisations.

PropertyGuru acquires Singapore home services technology company Sendhelper

PropertyGuru Group Limited, the Singapore-based property technology company, announced Friday that it has acquired Sendhelper, a Singapore home services technology company.

South Korea’s Naver acquires US-listed social e-commerce marketplace Poshmark for $1.2B

South Korea’s largest internet company Naver Corp has inked a deal to acquire Poshmark, Inc., a United States-listed social e-commerce marketplace for new and secondhand style, for approximately $1.2 billion.

Philippine Sprout Solutions acquires process automation platform Linnia

Sprout Solutions, a human resource (HR) solutions provider in the Philippines, has acquired process automation platform Linnia from Aiah (Innovantage), a conversational artificial intelligence (AI) and process automation company in the Philippines.

Singapore’s Temus makes first acquisition with Dreamcloud

Temus, a Temasek-backed Singaporean digital transformation firm, announced Thursday the completion of its first acquisition, Dreamcloud, a home-grown Singapore-headquartered system integrator.

Iglobsys Technology acquires Malaysia’s Mason Games for $1M

Mason Games Sdn. Bhd., a mobile game development studio announced Thursday that it has been acquired by Iglobsys Technology Sdn. Bhd for $1 million. The acquisition, which took place one year after the establishment of Mason Games in July 2021, is to bolster the studio’s growth in various areas including embarking on their maiden blockchain game project.

Tencent, Sony buy 30.34 percent stake in Japan’s FromSoftware for $260M

Hong Kong-based Tencent Holdings Limited and Japan-based Sony Group Corporation have acquired 30.34 percent stake in Japanese game developer FromSoftware for 36.4 billion yen ($259.48 million).