Sagteс Finalizes Strategic AI Acquisition to Accelerate SaaS Revenue
Deal News | Jun 20, 2025 | Globenewswire
Sagteс Global Limited has announced the acquisition of an 80% equity stake in Smart Bridge Technology Limited, marking a significant shift towards an AI-first and SaaS-driven model. The acquisition of the agentic AI company, renowned for its profitability with a net profit of US$2.1 million in FY2024, aims to integrate core AI capabilities such as advanced behavioral analytics, fraud detection, and decision automation into Sagteс's existing infrastructure. The transaction consolidated through a definitive Share Sale Agreement, is poised to be earnings accretive while expanding Sagteс’s reach into a total addressable market exceeding US$130 billion across fintech, retail, and logistics sectors. This strategic move underscores Sagteс’s commitment to enhancing its SaaS margin expansion and executing a disciplined AI-focused M&A strategy, with planned integration and product launches slated for Q3 2025. Further updates regarding the financial implications and strategic alignment are expected during Sagteс's investor calls.
Sectors
- Technology and AI
- Software as a Service (SaaS)
- Financial Technology (Fintech)
Geography
- Malaysia – Sagteс is based in Malaysia, and the transaction and subsequent strategic activities will involve this region.
- United States – Sagteс is listed on NASDAQ, a U.S. stock exchange, which influences its investor relations and regulatory environment.
Industry
- Technology and AI – The article discusses the acquisition of a company specializing in AI software, highlighting the role of advanced technological solutions in business operations.
- Software as a Service (SaaS) – The acquisition is aimed at accelerating revenue through SaaS models, focusing on expanding software subscription services.
- Financial Technology (Fintech) – One of the sectors where Smart Bridge's AI solutions have been successfully deployed, indicating the relevance of AI in financial technology applications.
Financials
- US$2.1 million – Smart Bridge reported a net profit of US$2.1 million for FY2024.
- US$130 billion – The estimated total addressable market span for the AI applications involved in the acquisition.
Participants
Name | Role | Type | Description |
---|---|---|---|
Sagteс Global Limited | Acquiring Company | Company | A next-generation provider of customizable AI and automation platforms, primarily active in the F&B sector. |
Smart Bridge Technology Limited | Target Company | Company | A rapidly scaling AI software company with a focus on profitability and enterprise-ready AI solutions. |