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Highlights:

  • SAGT signed a definitive agreement to acquire 80% of Smart Bridge Technology Limited.
  • The company targets earnings-accretive AI expansion with SaaS modules in hospitality, fintech, and logistics.
  • Smart Bridge reported FY24 net profit of USD 2.1 million from enterprise AI deployments. 

Sagtec Global Limited (NASDAQ: SAGT), a provider of customizable software and automation platforms, announced on June 23, 2025, that it has entered into a definitive Share Sale Agreement (SSA) to acquire an 80% equity interest in Smart Bridge Technology Limited, a profitable enterprise AI software provider. The transaction is part of Sagtec’s broader transition to an AI-focused, software-as-a-service (SaaS) business model. 

Closing of the acquisition remains subject to standard regulatory approvals and conditions. Financial details beyond the equity stake were not disclosed. Smart Bridge generated USD 2.1 million in net profit in its fiscal year 2024. The company delivers agentic AI solutions used across fintech, logistics, and retail sectors, including real-time fraud detection, demand forecasting, and intelligent automation. 

The acquisition is intended to allow Sagtec to immediately integrate Smart Bridge’s AI technologies into its existing software infrastructure, particularly within hospitality and point-of-sale (POS) solutions. The company noted that it expects the transaction to be immediately accretive to earnings, with monetization supported by cross-vertical applications and subscription-based modules. It include behavioural analytics and fraud detection, real-time pricing and demand optimization, predictive inventory automation, and intelligent decision-making toolkits for enterprise applications. 

These tools are anticipated to complement Sagtec’s current service offerings and expand its footprint in adjacent markets. Following the completion of the deal, Sagtec aims to launch its first AI-powered SaaS modules in Q3 2025, initially targeting hospitality clients, before expanding to fintech and logistics through its distribution network. 

Sagtec estimates that the combined total addressable market (TAM) across its target industries exceeds USD 130 billion. The company referenced data from Markets and Markets projecting the AI in retail market will reach USD 43 billion by 2032. Similarly, IDC anticipates the SME-focused AI software market will surpass USD 25 billion, while Grand View Research estimates the intelligent POS and behavioral analytics sector could exceed USD 65 billion. 

Kevin Ng, Chairman and CEO of Sagtec, commented that the acquisition adds a key intelligence layer to Sagtec’s platform, facilitating immediate integration and future revenue scalability. The company also reaffirmed its commitment to growing recurring SaaS revenue and pursuing strategic AI acquisitions. A post-acquisition integration plan will commence upon transaction closure. Sagtec intends to update investors on product roadmap developments, regional expansion, and earnings impact in its upcoming half-year financial call. This acquisition aligns with Sagtec’s previously outlined strategy to expand through AI-driven technologies and SaaS tools across multiple sectors.