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Sagtec Accelerates AI Expansion with Proposed Acquisition of Agentic AI Software Company
SAGTSagtec Global Ltd(SAGT) GlobeNewswire·2025-05-29 12:18

Company Overview - Sagtec Global Limited is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector, and also offers software development, data management, and social media management [8] - Smart Bridge Technologies Limited is a Malaysian-based AI and software development company specializing in agentic software, enterprise-grade IT solutions, and digital transformation services [7] Acquisition Details - Sagtec has signed a term sheet to acquire Smart Bridge for approximately US17.6million,ataprice−to−earnings(PE)ratioofabout10times,pendingadefinitiveagreementandcustomaryclosingconditions[1]−TheacquisitionisexpectedtotransformSagtecintoafull−spectrumAItechnologyleader,enhancingitscapabilitiesindeliveringpredictive,real−timeintelligencetobusinessesacrossAsia[2]MarketPotential−TheacquisitionwillbroadenSagtec′stotaladdressablemarket(TAM)beyondretailintohigh−growthsectors,withsignificantopportunitiesinbehavioralanalytics,decisionautomation,andintelligententerprisesoftware[3]−TheglobalAIretailmarketisprojectedtoreachUS17.6 million, at a price-to-earnings (PE) ratio of about 10 times, pending a definitive agreement and customary closing conditions [1] - The acquisition is expected to transform Sagtec into a full-spectrum AI technology leader, enhancing its capabilities in delivering predictive, real-time intelligence to businesses across Asia [2] Market Potential - The acquisition will broaden Sagtec's total addressable market (TAM) beyond retail into high-growth sectors, with significant opportunities in behavioral analytics, decision automation, and intelligent enterprise software [3] - The global AI retail market is projected to reach US43 billion by 2032, while the SME-focused AI software market is expected to exceed US25billion,andtheintelligentPOSandbehavioralanalyticsmarketisforecastedtosurpassUS25 billion, and the intelligent POS and behavioral analytics market is forecasted to surpass US65 billion [3] Strategic Vision - The initiative aligns with the rapid expansion of the Artificial Intelligence sector, driven by increasing digital adoption and growing enterprise awareness of AI's transformative potential [4] - The acquisition accelerates Sagtec's vision of becoming the AI-first enterprise platform of the future, aiming to reshape business operations and unlock new revenue streams [6] Financial Performance - Smart Bridge reported a net profit of US$2.1 million, demonstrating the efficiency and scalability of its AI-driven business model [5] - The company continues to expand its client base across Asia, validating the commercial viability and adaptability of its technology [5] Product and Service Enhancements - The acquisition will enable Sagtec to deliver automated business intelligence to its F&B clients, launch AI-driven menu optimization, upselling strategies, and supply forecasting, and detect revenue leakage through behavioral fraud analytics [10]