- Sagtec Global Limited (SAGT, Financial) acquires 80% of Smart Bridge Technology to enhance AI and SaaS integration.
- The acquisition targets a total addressable market (TAM) exceeding US$130 billion across retail, fintech, and hospitality sectors.
- Sagtec plans to launch its first AI-powered SaaS modules by Q3 2025, starting with the hospitality sector.
Sagtec Global Limited (SAGT) has signed a definitive agreement to acquire an 80% stake in Smart Bridge Technology, a profitable agentic AI software company that reported a net profit of US$2.1 million in FY2024. This strategic acquisition aims to strengthen Sagtec’s transition to an AI-first, SaaS-driven business model.
The acquisition enables Sagtec to access a combined total addressable market (TAM) of over US$130 billion, extending across the retail, fintech, and hospitality sectors. With Smart Bridge’s advanced AI capabilities in behavioral analytics, fraud detection, and decision automation, Sagtec expects to integrate these technologies into its existing hospitality and point-of-sale (POS) infrastructure seamlessly.
The company plans to launch its initial AI-powered SaaS modules in the third quarter of 2025, focusing initially on the hospitality segment. Subsequent expansions into fintech and logistics are anticipated, enabling Sagtec to capitalize on its current distribution network. This move is projected to be immediately earnings-accretive and aims to enhance revenue predictability through high-margin, subscription-based AI modules.