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Wednesday, September 25, 2024
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HomeTechSingapore SPAC Vertex Technology to buy streaming platform for up to $676...

Singapore SPAC Vertex Technology to buy streaming platform for up to $676 million

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(Reuters) – Singapore’s Vertex Technology Acquisition Corp signed a deal to buy live streaming platform 17LIVE Inc for up to S$925.1 million (about $676 million), the special purpose acquisition company (SPAC) backed by state-investor Temasek said on Monday.

($1 = 1.3682 Singapore dollars)

(Reporting by Adwitiya Srivastava in Bengaluru; Editing by Savio D’Souza)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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