| W3 today announced that it has completed a M&A investment, making it the largest shareholder of E.Mation Technologies Pte Ltd. The transaction involves providing working capital to fund E.Mation's product sales & market expansion, and a share swap with an existing W3 investee.
E.Mation is in value-add selling and implementation of Computer Aided Design(CAD), Enterprise Resource Planning (ERP) and process engineering and statistical software, hardware and systems, has master resellers in several leading best-of-breed software applications and solutions, and develops own proprietary value-add solutions. Its customers include leading research institutions and enterprises and small and medium enterprises (SMEs) in the manufacturing sector.
E.Mation's Chief Executive Officer Liang Chong Kang said, "E.Mation founders are excited that W3 has taken a substantial shareholding interest in the Company. We see business synergy with other W3 investees, and intend to leverage on W3's brandname, business channels and M&A/investor network to grow E.Mation's regional markets and sales".
About E.Mation Technologies Pte Ltd
E.Mation Technologies Pte Ltd is a leading provider of innovative solutions that uses state-of the art application software tapping into the current technical engineering & E-commerce market place. Although it has its beginnings since 1994 serving the Design, Engineering and Manufacturing marketplace, it has since grown and expanded to serve a wider market that has potential uses of our solutions in the wireless roaming. We also provide services to the development of customized software for specific clients needs.
We have offices in Malaysia, Indonesia, India and soon in China. Both Malaysia and China offices are sales offices whilst the Indonesian offices serves as a development center for telecommunications solutions outside of Singapore. The Indian presence is done through a joint venture with an Indian partner who is part of a large engineering house.
E.mation family has dynamic and dedicated team of young Professional working towards the prime objectives of business through Total Customer Satisfaction. E.mation members identified with clear analysis on their Technical skills, long term interest with the company, commitment to quality, understanding the responsibility and outstanding approach towards the assignment. The ever-excellingresearch and development activities of this team keep us above the rest in the industry.
All of E.mation consultants and graduates with exceptional intellectual talents, prove ability to analyze and solve problems, and outstanding productivity in delivering workable, reliable solutions within a framework of sound software engineering practice.
With a combined of more than 60 years of hands-on experience in the design automation, engineering, manufacturing and telecommunications industry, the management team is an experience team with solid background in the areas of business leadership, project management, computing and engineering. Our team has the know-how and maturity to fulfill the needs of our customers.
About W3 Infocomm Group
W3 Infocomm Group is an investment holding company with sterling track records in investing and raising subsequent round funding for start-ups and early stage companies. With some of its portfolio companies now actively in the process of M&A and IPO, W3's investment focus has shifted from what was primarily early stage investment in infocomm and media companies to quality investments in late stage, pre-IPO and pre-trade sales companies. Shareholders of W3 and its investee companies include Temasek Holdings (Pte) Ltd [via its 100% held Greendot Capital Pte Ltd], SingTel Group, Singapore Technologies Electronics Ltd, Gemplus-EDB Smart Labs Pte Ltd and PrimePartners Group, a US$300 million venture capital fund.
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