"Vection Technologies Ltd has announced its strategic acquisition of Monogic Limited, a digital marketing and communications agency based in Hong Kong and Singapore. This acquisition is part of Vection's strategy to expand its footprint in the Asia Pacific region, enhancing its capabilities in digital engagement solutions. The acquisition is expected to contribute significantly to Vection's revenue and EBITDA, providing cross-selling opportunities for its AI and spatial computing products."
"More about Vection Technologies Ltd.Vection Technologies Ltd is a leading provider of integrated XR and AI-powered digital transformation solutions. The company operates in the immersive technology industry, offering products and services that enhance digital engagement through spatial computing and AI. Vection focuses on delivering innovative solutions across various sectors, including food and beverage, hospitality, property, utilities, and lifestyle industries, with a strong presence in the Asia Pacific region."
Vection Technologies Ltd acquired Monogic Limited, a digital marketing and communications agency based in Hong Kong and Singapore. The acquisition expands Vection's Asia Pacific footprint and enhances digital engagement and content capabilities. The deal is expected to contribute to revenue and EBITDA while creating cross-selling opportunities for Vection's AI and spatial computing products. Integration of Monogic's content and brand storytelling expertise aims to deliver unified customer experiences and unlock new growth verticals. The acquisition positions Vection as a regional leader in digital brand transformation with potential enterprise customers in retail, travel, utilities, and consumer goods. Vection provides integrated XR and AI-powered solutions across multiple sectors.
Read at TipRanks Financial
Unable to calculate read time
Collection
[
|
...
]