Ennoconn, a leading industrial computer manufacturer, announced plans to acquire a 53.38% stake in Singapore-based solution integrator NERA. The transaction, valued at approximately NT$355 million (US$11.1 million), will see Huahan purchasing shares at a 6.25% discount to NERA’s market price. The acquisition is expected to be finalized by the end of October, with NERA becoming a subsidiary of Ennoconn.
By leveraging NERA’s established market presence across 16 countries, Ennoconn aims to accelerate its expansion into Southeast Asia. The partnership will combine Ennoconn’s Industrial Internet of Things (IIoT) and AI technology with NERA’s expertise in network infrastructure, cloud services, and managed services. Together, the companies will offer comprehensive solutions in sectors such as telecommunications, healthcare, and logistics.
The acquisition is part of Ennoconn’s broader strategy to integrate its high-margin ESaaS (Ennoconn Solution as a Service) platform, expanding its global reach. Ennoconn anticipates the deal will enhance product competitiveness, improve customer retention, and create new market opportunities in smart manufacturing, ESG solutions, and AI technology applications.
