UST Global, a leading digital technology solutions company agreed terms with Temasek, a global investment company to acquire a minority stake in the company. This investment marks a milestone for UST Global, as Temasek is the first institutional investor. UST Global helped drive rapid digital progression for its client with its latest technologies and solutions.

Sajan Pillai, CEO, UST Global, says, “As the physical and the digital worlds converge, the current leaders of the physical world seek to adjust to the new digital realities and to new emerging competition. UST is perfectly positioned to provide this digital bridge. The partnership with Temasek will allow us to further our reach so that we can partner our clients in designing their digital impact strategies.”

The partnership with Temasek will allow us to further our reach so that we can partner our clients in designing their digital impact strategies

Offering digital technology solutions to Fortune 500 companies across various geographies, UST Global was founded in 1999. Additionally, with its industry knowledge and deep longstanding client relationships, UST Global has developed a range of platform solutions across healthcare, cyber-security, talent management, and automated operations. With its regional headquarters at California, Singapore and London, it uses its global presence to partner with its multinational clients.

Juan Pujadas, Board of Directors, UST Global, says, “UST is the most exciting technology engineering partner for Fortune 500 companies on their journey of digital transformation. UST’s unique ‘design for happiness framework’ combines an astute understanding of human behavior with cutting edge technology solutions, dramatically changing the way clients approach the digital world. The partnership with Temasek will further increase UST’s global reach and access to a range of exciting market opportunities.”

Established in 1974, Temasek is headquartered in Singapore and it owns a $275 billion portfolio as at 31st March, 2017. Its investment activities are guided by four investment themes and the long term trends they represent: Transforming Economies, Growing Middle Income Populations, Deepening Comparative Advantage, and Emerging Champions. It allows it to capture opportunities across the sectors to create a better, smarter and more connected world.