Integration to Give Kydon a Strong, Regional Technology Platform with a Footprint in India and Potential for Future Growth
SINGAPORE, Feb. 01, 2019 – Kydon Holdings Pte. Ltd. (Kydon) and MQ Spectrum Pte Ltd (MQ) today jointly announced that it has reached a definitive agreement for MQ Spectrum Pte. Ltd. (MQ) to join as part of Kydon group of companies. MQ was founded in 2009 and is a Singapore technology company known for providing secure, enterprise level technologies and learning management systems (LMS) to corporate and government sectors.
MQ brings together 30 years of industry experience within their senior leadership team, as well as extended capabilities into an integrated technology platform provider, with over 20 large scale national clients and projects. MQ is also the LMS provider to major government institutions like MINDEF, MHA, PA, JTC, CPF, AGC to name a few.
The transaction is expected to close during the first quarter of 2019. Kydon Group CEO David Yeo will assume the role of Managing Director for MQ with immediate effect.
MQ’s founder, Rakesh Gupta will continue to lead the R&D work as the Chief Technology Officer, while co-founder Victor Lee will be the General Manager.
David’s leadership will see the infusion of new technology innovations such as Artificial Intelligence and machine learning into her core technology solutions.
“Kydon and MQ both share an unwavering belief in the power of enhanced technology solutions to drive business results,” said David, CEO Kydon Group. “MQ delivers the leading learning management platform for the modern organization, and there is no better home for MQ to continue to rapidly innovate than Kydon.”
