Sagtec accelerates ai expansion with proposed acquisition of agentic ai software company

Kuala lumpur, malaysia, may 29, 2025 (globe newswire) -- sagtec global limited (nasdaq: sagt) (“sagtec” or the “company”), a leading provider of customizable software solutions, today announced that it has signed a term sheet for the proposed acquisition of smart bridge technology limited (“smart bridge”), 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 (pe) ratio for consideration of us$17.6 million, subject to the execution of a definitive agreement and customary closing conditions.
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