NCS says the acquisition will marry 2359 Media’s expertise with NEXT’s digital capabilities and strengths in large-scale application and infrastructure implementations to offer clients access to an expanded range of digital services including design thinking to cloud native application development.
The value of the transaction wasn’t disclosed.
NCS is a subsidiary of Singtel.
See also: Singtel's latest asset divestment to support dividends: DBS
“With Covid-19 driving greater demand for digital services from both our public and commercial sector clients, this acquisition signifies NCS’ commitment to assemble the right mix of capabilities and to grow a bigger community of digital specialists to make an impact in the market,” says Ng Kuo Pin, CEO at NCS.
“By leveraging on the strengths of 2359 Media in creating innovative mobile apps and solutions, we are in an even stronger position to help our clients accelerate their digital transformation agendas through experience design and purposeful adoption of digital technologies,” Ng adds.
“We are excited by NCS’ strategy and plans to grow their digital services footprint across Asia Pacific. Joining NCS NEXT presents a strategic opportunity for us to drive acceleration of digital solutions across a variety of industries,” says 2359 Media CEO and founder, Wong Hong Ting.
As at 11.36am, shares in Singtel are trading 2 cents higher or 0.9% up at $2.13.
