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
BodhiCedric has acquired Network Media from Jellysmack
The media holding company BodhiCedric has acquired Network Media, an innovator in the creator economy, from Jellysmack, the global creator company.
Learn moreCustomerXPs Software (Clari5) has been acquired by Perfios Software Solutions
Bengaluru-based SaaS firm Perfios Software Solutions Private Ltd. has acquired 100% of the equity shares in the fraud-detection platform CustomerXPs Software Private Ltd. (Clari5) for an undisclosed amount, enhancing its anti-financial crime management suite for financial institutions.
Learn moreBayer AG has entered into a takeover agreement with Cara Care
Bayer AG, renowned for its advancements in healthcare and life sciences, has finalized the acquisition of Cara Care (HiDoc Technologies GmbH), which entered debtor-in-possession proceedings in October 2024. Cara Care, an innovative digital health platform and official DiGA, aligns perfectly with Bayer’s strategic focus on digital health and the expansion of its innovative solutions portfolio. The transaction is expected to close in Spring 2025.
Learn more