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Sunday, May 5, 2024

Sky ICT lays out lofty global ambitions

Mr Sithidej says mergers and acquisitions are part of the firm’s drive to diversify and complement the group’s ICT-based business portfolio.

Having secured a contract from Airports of Thailand (AoT) in 2020 to develop smart airports, SET-listed aviation tech company Sky ICT now aims to become a top three name globally in aviation software by 2024, says chief executive Sithidej Mayalarp.

Sky ICT is in talks with a leading global aviation software provider in Europe with a goal to acquire a 100% stake in the company. The deal is expected to be concluded next year, he said.

The takeover target has 350 airport operators as…

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