SINGAPORE – SPH Media announced on Wednesday that it has entered into an agreement to acquire technology media company Tech in Asia .“The synergies from this proposed acquisition will deepen the value BT brings to businesses and readers in the region, and accelerate its goal of becoming a regional player for business and tech news, and events,” it said.
“For SPH Media, this acquisition is a strategic move that will enable us to provide our readers with a more comprehensive suite of products and services,” he added. “We are enthusiastic about the opportunities this acquisition will bring. Rest assured, our startup spirit and data-driven approach will remain at the core of our competencies post-M&A.”
Founded in 2010, Tech in Asia is one of the pioneers of business tech media in the region. The digital news publication covers startup and venture capital news for a user base spanning mainly Southeast Asia, India and North America.
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