Vemanti Gains Hospitality Digital Transformation Capabilities Across SE Asia with Acquisition of VinHMS
IRVINE, Calif., April 03, 2024 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTCQB:VMNT) today announced the successful acquisition of VinHMS Pte. Ltd. (“VinHMS”), a Singapore-based technology solutions provider specializing in digital transformation for the hospitality industry across Southeast Asia. This transaction marks a strategic achievement for Vemanti, placing the Company at the forefront of the hospitality technology sector and reinforcing its commitment to becoming a leader in digital innovation. The business combination brings together complementary strengths for both organizations, with the opportunity to bolster operational capabilities, expand market reach, and drive revenue growth. With operations in Vietnam, Singapore, Cambodia, Thailand, and upcoming expansion plans for Indonesia and the Philippines, VinHMS believes it is well-positioned to capitalize on emerging revenue opportunities in the region.
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