AceFusion was established in 1998. The company grew from 6 to 120 employees since its inception. AceFusion was the first company to receive financial backing from Singapore’s National Science and Technology Board’s (NSTB) Venture Investment Support for Start-ups (VISS) Fund. In addition to IIPL (previously NSTB Holdings), other investors included WIIG-TDF Partners LLC, Technology Fund II and Venture TDF.IIPL invested in AceFusion in 2000, and in 2001. Thereafter, Savi Technology Inc merged with AceFusion to create a new global provider of real-time logistics software and systems. Today, the company serves a broad customer base, including the U.S. Department of Defense, the U.S. Postal Service and Singapore Airlines, as well as major automotive, electronics and grocery and retail companies.
One of the Asia Pacific’s fastest growing Mobile Services Provider, i-POP Networks enables media networks and content providers to mobilise their media assets in the most operationally painless manner. i-POP Networks provides end-to-end services to its clients through its innovative mobile platforms combined with connections to more than 50 networks spanning 15 countries and over 700 million subscribers in Asia Pacific.
Founded in 1998, Ecquaria is a leading government and enterprise business platform software provider that powers high-volume, business-critical government, healthcare, education, financial services and leisure applications for customers worldwide. The company’s key product, Ecquaria Services Oriented Platform (SOP) is marketed aggressively through an expanding global partner network in countries such as Thailand, Philippines, Brunei, Malaysia, Hong Kong, Mexico and Africa.Latest from the blog: Ecquaria and Frontline forms strategic alliance for EGovernment »
Ecquaria Selected By World Bank For Mexican e-Government Project »
Based in Singapore, Infocomm Asia Holdings (IAH) is an operator and distributor of online games in Southeast Asia. The company aims to become the leading operator and distributor of online games in Southeast Asia and has obtained exclusive rights to two top-rated MMORPGs in the region – Granado Espada and Hellgate: London. Other investors include Gigamedia, Softbank, The9 and Commerzbank.
Established in 1983, System Access provides universal banking solutions that help banks deliver a broad range of banking products and services for retail and wholesale banking. IIPL invested in System Access in 2004 and 2005 and the company went public on SGX with a market capitalisation of approximately US$37 million. In 2006, System Access was acquired by SunGard Asia Pacific for approximately US$68 million.
IIPL invested in AboveNet, a co-location provider, in April 1998. We held our stake in the company after its IPO on NASDAQ in December 1998. AboveNet subsequently merged with Metromedia Fiber Network, a White Plains, New York-based dark fibre company in 1999. We exited from Metromedia Fiber Network (MFNX) in 2000 when the company was at its peak with a market capitalisation of US$27 billion.
Founded in 1989, Stratech is a solutions provider of intelligent vision, intelligent transport systems and e-Systems for industries such as aerospace and defense, homeland security, financial services, government and healthcare. IIPL invested in Stratech in 1999. Subsequently, the company was listed on the Mainboard of Singapore Exchange in 2000 with a market capitalisation of approximately US$172 million.Latest from the blog: Stratech Systems awarded S$40.3 million LTA tender for nation-wide Bus Travel Information System »
Stratech Systems gets Approval In-Principle for Mainboard Listing »
Savi Technology Inc
Infocomm Asia Holdings