NTC Integration Singapore Acquires Stake in Software Exchange Malaysia
SEPTEMBER 9, 2015 | PRESS RELEASE
Singapore, September 9, 2015 – NTC Integration Pte Ltd (NTC) today announced that it had acquired a minority stake in Software EXC (Malaysia) Sdn Bhd (SWXM) – one of Malaysia’s leading I.T. solution providers specializing in licensing and professional services. The transaction is valued at MYR 1 million.
This exclusive strategic partnership will empower both companies to better serve clients – current and future – in the 2 countries they actively operate in, and beyond.
Based in Kuala Lumpur, SWXM has been a trusted name in the Malaysian I.T. scene since 2003. Its client base spans small and medium enterprises (SMEs) to large corporations both local and multinational. It is also a choice outsourcing partner of I.T. companies local and overseas.
“We have been engaging SWXM to assist us with our clients needs on many levels, for many years. Having a strong local presence and sharing the same ‘customer-first’ core value, we have always looked upon SWXM as an extension of our business in Malaysia. And they deliver – time and time again.” said Wilson Ng, Managing Director of NTC based in Singapore. “So when it comes to further widening our footprint in the Federation, this acquisition makes perfect sense.”
“NTC and SWXM will continue to operate independently and serve their existing clients diligently, but will increasingly work together to enhance the value that 2 companies can deliver together – as ONE,” added Keith Chua, NTC’s Executive Director.
Lee Bee Lin, Country Manager of SWXM, said, “The collaboration equips us not only with the resources to expand our current capacities and take on larger, more sophisticated projects, it allows us to extend our reach, to clients beyond our shores. With NTC’s impeccable track record and vast network of clientele, we are extremely stoked with the opportunities ahead.”
For additional information, please contact Anthea Chua at +65 6276 2823 or firstname.lastname@example.org.
ABOUT NTC INTEGRATION SINGAPORE
Incorporated in 1994, NTC Integration has been helping businesses to make the most out of the benefits of information technology. The business scope of NTC encompasses Network Infrastructure, Enterprise Storage, Network Maintenance, Security solutions, Wireless Network, Wide Area Network (WAN) implementation, POS systems & maintenance, outsourcing and maintenance contract services.
NTC has a current staff strength of more than 60 employees and has operation in Singapore, Malaysia and Indonesia.
ABOUT SOFTWARE EXCHANGE MALAYSIA
Incorporated in 2003, Software Exchange has been helping SME owners take their mind off I.T., so that they may focus on their businesses. The core business of Software Exchange encompasses IT support and maintenance, computer networking services, and e-mail, security and backup systems to small and medium enterprises in the Southeast Asian region.
Software Exchange has a current staff strength of close to 10 employees.