Sagtec Global's Strategic Acquisition of Smart Bridge Technology: A Leap into AI-Driven Business Intelligence

Sagtec Global set to acquire Smart Bridge Technology By Investing.com

KUALA LUMPUR - Sagtec Global Limited (NASDAQ: SAGT), a key player in customizable software with a market capitalization of $38.8 million, has announced its plan to acquire Smart Bridge Technology Limited, an emergent AI software firm. The acquisition, valued at $17.6 million, is poised to position Sagtec as a leader in AI technology, delivering real-time predictive intelligence across Asia. According to InvestingPro analysis, Sagtec appears undervalued relative to its growth potential, with strong financial health metrics and impressive revenue growth of 77.6% in the last twelve months. The proposed transaction, which is contingent on a definitive agreement and customary closing conditions, involves purchasing Smart Bridge at approximately 10 times its price-to-earnings ratio. This strategic move is expected to enhance Sagtec's offerings by integrating Smart Bridge's AI engine and software into its ecosystem. Sagtec currently trades at a P/E ratio of 28.8, with InvestingPro data showing the company operates with a moderate debt-to-equity ratio of 0.21 and maintains a healthy current ratio of 2.01. (Discover 5 more exclusive ProTips and detailed financial metrics with an InvestingPro subscription.) The merger aims to provide automated business intelligence, AI-driven menu optimization, and behavioral fraud analytics to Sagtec's existing F&B clients, while also expanding into new sectors such as logistics and fintech. Sagtec, already supporting numerous F&B outlets with its point-of-sale and backend platforms, will leverage the acquisition to tap into a multi-billion-dollar total addressable market. Industry forecasts suggest significant growth potential in AI-related markets, with projections indicating a global AI retail market worth $43 billion by 2032, an SME-focused AI software market exceeding $25 billion, and an intelligent POS and behavioral analytics market surpassing $65 billion. Smart Bridge, known for its efficient and scalable AI-driven business model, reported a net profit of $2.1 million, underscoring its financial and operational success. The company's scalable AI engine has been deployed effectively across high-volume environments in Asia, confirming the adaptability and commercial viability of its technology. Sagtec's own financial strength is evident in its impressive return on equity of 52% and gross profit margin of 27.45%, as reported by InvestingPro. (Access comprehensive financial analysis and real-time alerts with an InvestingPro subscription.) Kevin Ng, Chairman, Executive Director, and CEO of Sagtec, emphasized the transformative nature of the acquisition, stating it will not only enhance business operations but also fundamentally reshape them, creating new revenue streams and promoting smarter, data-driven growth across industries. Smart Bridge Technologies, based in Malaysia, specializes in AI-powered automation and digital transformation services. Meanwhile, Sagtec, beyond its software solutions, operates power-bank charging stations throughout Malaysia via its subsidiary, CL Technology (International) Sdn Bhd. The announcement of this proposed acquisition is based on a press release statement and marks a significant step in Sagtec's vision to become the leading AI-first enterprise platform. In other recent news, Sagtec Global Limited has entered into a Master Dealership Agreement with Dubai-based SMD Tech FZCO, which is expected to generate at least $30 million in revenue over five years through the distribution of its Speed+ Cloud-Based Smart Ordering System in Dubai. This agreement marks a significant step in Sagtec's international growth strategy, aiming to capitalize on the UAE's digital transformation. Additionally, Sagtec has announced the operational launch of its Speed+ Smart Cloud Ordering Software in Indonesia, marking the start of its expansion in Southeast Asia. The company has signed an exclusive Master Dealership Agreement with PT Kiwari Asih Solusi in Indonesia, projecting to generate at least $30 million in revenue over the next five years. In Malaysia, Sagtec has introduced an AI-powered chatbot service tailored for the food and beverage industry, integrated with its existing platforms to enhance customer interactions. The company plans to expand this chatbot service to Indonesia, Singapore, and Thailand. These developments reflect Sagtec's strategic initiatives to strengthen its presence in key markets and leverage the growing demand for digital solutions across the region.

Sagtec Accelerates AI Expansion with Proposed Acquisition of Agentic AI Software Company

, (GLOBE NEWSWIRE) -- (NASDAQ: SAGT) ("Sagtec" or the "Company"), a leading provider of customizable software solutions, today announced that it has signed a term sheet for the proposed acquisition of ("Smart Bridge"), a fast-growing agentic AI software Company. Under the terms of the proposal, Sagtec intends to acquire Smart Bridge at approximately 10 times the price-to-earnings (PE) ratio for consideration of , subject to the execution of a definitive agreement and customary closing conditions. This proposed acquisition is set to transform Sagtec from a data systems provider into a full-spectrum AI technology leader, capable of delivering predictive, real-time intelligence to businesses across . With Smart Bridge's proven AI engine and high-margin software business, Sagtec positions itself at the intersection of AI innovation and real-world commercial application, unlocking a multi-billion-dollar total addressable market (TAM) in behavioral analytics, decision automation, and intelligent enterprise software. Sagtec currently supports thousands of F&B outlets and retailers through its industry-leading point-of-sale (POS) and backend platforms, generating vast volumes of structured consumer and transaction data. The acquisition of Smart Bridge will supercharge Sagtec's ecosystem, enabling the Company to: With this proposed acquisition, Sagtec broadens its TAM beyond retail into high-growth sectors where predictive analytics and behavioral intelligence are crucial. Markets and Markets projects the global AI retail market will reach by 2032, estimates the SME-focused AI software market will exceed , and forecasts the intelligent POS and behavioral analytics market to surpass . Together, these markets offer Sagtec significant opportunities to leverage Smart Bridge's AI capabilities and expand into new, monetizable verticals. This initiative aligns with the rapid expansion of the Artificial Intelligence sector, driven by increasing digital adoption, growing enterprise awareness of AI's transformative potential, and rising reliance on mobile platforms. Concurrently, demand for mobile-first, intelligent enterprise software is surging, reshaping how businesses compete and operate in an increasingly digital landscape. Smart Bridge has demonstrated strong financial and operational performance, reporting a net profit of , showcasing the high efficiency and scalability of its AI-driven business model. The company continues to expand its growing client base across , with its scalable AI engine successfully deployed in multiple high-volume environments, further validating the commercial viability and adaptability of its technology. "This acquisition accelerates Sagtec's vision of becoming the AI-first enterprise platform of the future. We're not just building tools, we're engineering intelligence that empowers everyday operators to predict, optimize, and monetize every transaction. It marks a transformative chapter for Sagtec, where we move beyond facilitating business to fundamentally reshaping it, unlocking new revenue streams and driving smarter, data-driven growth across industries," said , Chairman, Executive Director, and Chief Executive Officer of Sagtec. About Smart Bridge Technologies is a Malaysian-based AI and software development company providing agentic software, enterprise-grade IT solutions, and digital transformation services. The company specializes in AI-powered automation, systems integration, and tailored digital consulting. About Sagtec is a leading provider of customizable software solutions, primarily serving the (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across through its subsidiary, . For more information on the Company, please log on to https://www.sagtec-global.com/.