InVent Ventures, the corporate venturing unit of Thailand communication services group, Intouch, has invested in Computerlogy and Meditech Solution. The combined deals were valued at $1.08m.
InVent Ventures, the corporate venturing unit of Thailand communication services group, Intouch, has acquired 3,334 newly issued shares of Computerlogy worth about Bt29m ($925,000), equivalent to 25.01% of paid-up capital, and also acquired 42,860 newly issued shares of Meditech Solution worth Bt5m ($160,000), equivalent to 30% of paid-up capital.
Computerlogy has developed SocialEnable, a system that helps organisations efficiently monitor and manage multiple social-media channels such as Facebook, Twitter, Google+ and Pantip. Intouch sees the investment as strategic so that…