SingTel subsidiary to acquire Australian tech firm for $14m

The deal will be paid in cash.

SingTel today revealed that Alphawest, a subsidiary in Australia, will acquire tech firm Ensyst for a cash consideration of $14m (A$13m).

Established in 2001, Ensyst provides cloud-based professional and managed services in Australia. Ensyst’s areas of expertise include cloud architecture, cloud migration and unified communications
systems.

Based on Ensyst’s unaudited management accounts as at 30 September 2014, Ensyst had net tangible assets of approximately A$208,000. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!