Sagtec intends to acquire Smart bridge for $17.6M

Sagtec (SAGT) Global announced that it has signed a term sheet for the proposed acquisition of Smart Bridge Technology, a fast-growing agentic AI software Company. Under the terms of the proposal, Sagtec intends to acquire Smart Bridge at approximately 10 times the price-to-earnings ratio for consideration of $17.6 million, subject to the execution of a definitive agreement and customary closing conditions. This proposed acquisition is set to transform Sagtec from a data systems provider into a full-spectrum AI technology leader, capable of delivering predictive, real-time intelligence to businesses across Asia. With Smart Bridge’s proven AI engine and high-margin software business, Sagtec positions itself at the intersection of AI innovation and real-world commercial application, unlocking a multi-billion-dollar total addressable market in behavioral analytics, decision automation, and intelligent enterprise software.