ST Engineering invests in data analytics company Azendian

Friday 2 March 2018 | 07:21 CET | News
ST Engineering has announced that its corporate venture capital unit ST Engineering Ventures (STEV) has invested SGD 4 million for a minority interest in Azendian Holdings, a Singapore-based data analytics company. This investment in Azendian is expected to help strengthen the data analytics capabilities that the Group's electronics arm, ST Electronics already owns. Specifically, it is forecast to help enhance the smart data analytics platform dubbed D'Space Insights that ST Electronics produced for developing suites of AI tools with machine learning capabilities. No financial details relate

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Categories: IT
Countries: Singapore
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