VCI Global Limited has announced that its portfolio company, QuantGold Data Group Limited, has acquired Secure Encryption Storage Limited $(SES)$, a leading encryption hardware company. SES, which holds 129 patents and has established deployments in over 100 organizations across Asia, will strengthen VCI Global's entry into the encryption infrastructure sector. This acquisition positions VCIG to expand its commercial operations and advance sovereign technology development. The integration of SES's encryption technology will enhance QuantGold's sovereign AI infrastructure, focusing on secure data processing in sectors like finance, healthcare, and critical infrastructure.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.