Konica Minolta Acquires Data Connect Technologies Pte Ltd

SINGAPORE, 15 FEBRUARY 2021

Konica Minolta Acquires Data Connect Technologies Pte Ltd

Acquisition of Data Connect Technologies Pte Ltd is poised to elevate Konica Minolta’s position as a Leading Managed Information Technology (IT) Services provider.

Konica Minolta Business Solutions Asia Pte Ltd. (Konica Minolta), a leader in advanced business technologies and solutions, today announced the acquisition of Data Connect Technologies Pte Ltd (Data Connect), a leading technology services organisation. Data Connect provides a diverse range of IT services including proactive server management, remote monitoring, cloud computing, on-site network support and consulting across Singapore.

With the acquisition of Data Connect, Konica Minolta will build upon and expand its offerings and allow the business to extend the reach of its solutions and services.  Customers will be able to count on a single source for a broad range of products and services – ranging from industry-leading MFP products, comprehensive workflow solutions to Optimized Print Services and Managed IT Services, all while delivering exceptional value and support.

A Word from Mr Osafumi Kawamura, Managing Director of Konica Minolta Business Solutions Asia

“Konica Minolta’s acquisition of Data Connect Technologies will further enhance our ability to deliver sophisticated Information and Communication Technology (ICT) solutions to our customers. By integrating their scalable business model with our extensive sales and service footprint, we intend to deliver unmatched value to the market. We look forward to welcoming one of Singapore’s fastest-growing companies onboard our ever-growing business solutions portfolio.” said Osafumi Kawamura, Managing Director of Konica Minolta Business Solutions Asia Pte Ltd.

A Word from the founders of Data Connect Technologies Pte Ltd

“Data Connect has gained recognition as a leading technology provider to our customers by providing value-added and cutting-edge digital transformation services over the past 18 years.” said Kai Boon Giam, Director, Data Connect Technologies Pte Ltd. “With this acquisition, Data Connect and Konica Minolta will bring its expertise and penetrate the enterprise market together, giving us the confidence to bring the company to the next level.”

“Data Connect was founded in 2003 by Kai Boon and myself specialising in full-fledged ICT solutions. With the support from our employees and business partners, we are now one of Singapore’s leading Information and Communication Technology providers.” said Steve Chiang, Director, Data Connect Technologies Pte Ltd. “As the founders of Data Connect, we are always on the lookout for expansion, diversification and growth for the company. Our strategic decision to collaborate with Konica Minolta has been based on its long-trusted brand name and we believe that this will significantly increase our market share and bring Data Connect to greater heights. Our existing clients will also continue to receive the same high-quality services during this transition period.”

With this acquisition, Data Connect will be a wholly owned subsidiary of Konica Minolta Business Solutions Asia Pte Ltd. Data Connect will continue to deliver exceptional support for its customer base while extending its services to Konica Minolta customers.

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What is the legal name of the new organization?

Data Connect operates as a fully owned subsidiary with no change to the legal name, thus, there is no requirement for contract novation.

Will there be any change in Senior Management and/or key personnel?

The acquisition is positioned to enhance core business propositions offered to Data Connect and Konica Minolta customers with the support of senior management. There is no change to the senior management and key personnel of both business entities.

Will there be changes in any firm’s business lines and the typical profile of your clients?

With the acquisition, the core businesses will continue to expand further to provide better and increasing services which includes Konica Minolta core businesses. This is an expansionary acquisition in services and core business portfolio offered by Konica Minolta regionally.

Will there be any staffing changes that might affect end user?

Data Connect operates as a fully owned subsidiary. All staffing management continue to be managed by Data Connect.

Will there be any changes to service quality/policies?

Data Connect operates as a fully owned subsidiary. Data Connect will continue to manage the service polices and is committed to deliver the same high level of service quality.

Where would the firm’s sensitive data be stored (i.e. where is the data centre?) Under Data Connect or Konica Minolta?

Data Connect operates as a fully owned subsidiary. The changes in ownership does not undermine or change the security processes and policies set forth under the ISO 27001:2013 certification. This will continue to be managed by Data Connect.

About Konica Minolta Business Solutions Asia

Konica Minolta Business Solutions Asia is transforming the workplace of the future with its customer-centric solutions and hardware for the digitally connected world. We are committed to create new values for the society with our expertise. From information management to technology enabling tools, the solutions help businesses improve time to information, support mobility, and optimise business processes with workflow automation. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index, one of the most prestigious global indices of ESG investment, for eight years in a row. For more information, please visit http://www.konicaminolta.sg/business/