Yokogawa Electric Corporation has announced the acquisition of Web Synergies, a Singaporean IT and integrated IT/OT solutions powerhouse. The acquisition strengthens Yokogawa's worldwide digital transformation (DX) capabilities and reaffirms its commitment to assisting clients with robust, future-proof digital services. The process of acquisition is scheduled to be finalized by early May 2025.
A Ten-Year Cooperation Blossoming Amidst Strategic Move
Yokogawa and Web Synergies have collaborated for over a decade in delivering innovative digital transformation solutions. Yokogawa invested in the firm as a minority investor in October 2021, paving the way for deeper strategic alignment. The full acquisition will now enable Yokogawa to accelerate the deployment of sophisticated DX solutions like:
- Cloud-based services
- Enterprise data integration and management
- IT/OT cybersecurity solutions
These solutions are critical in current industrial environments striving for perfect IT/OT convergence and system performance improvement.
About Web Synergies
Web Synergies was founded in 1998 as a business entity that is focused on delivering tailor-made digital business solutions and consultancy services with the intent of guaranteeing customer success via innovation, productivity, and marketing effectiveness. Web Synergies' need-based consultative approach has helped it develop a strong reputation in industries.
Headquartered in Singapore, Web Synergies has international presences in Hyderabad, Bengaluru, Tokyo, Dubai, Houston, and Ho Chi Minh City serving a diversified portfolio of industrial and enterprise customers.
Leadership Commentary
Web Synergies' CEO, Gideon Lim, was positive on the strategic alignment:
"With this acquisition, we are delighted to join the Yokogawa family. Our leadership is dedicated to continuing to exceed stakeholder expectations and creating value in manufacturing and next-generation technologies. We look forward to expanding DX opportunities closely in alignment with Yokogawa's global vision."
Hiroaki Kanokogi, Yokogawa Vice President and Head of Digital Strategy Headquarters, added as well:
By having Web Synergies become part of the Yokogawa Group, we will expand our worldwide capability to provide end-to-end DX services. Combining the best of both companies—ranging across IT, OT, and engineering technologies—we can better enable our customers' transformation paths across industries."
Conclusion
The takeover is a turning point in Yokogawa's digitalization. Through acquiring Web Synergies' advanced IT capabilities and international links in full, Yokogawa will be able to spearhead industrial digital transformation on an even broader scale.