By Gaurav Raghuvanshi

SINGAPORE--Singapore Telecommunications Ltd. (Z74.SG) Thursday said its unit has signed a deal to buy Turn Inc., a U.S.-based data and analytics firm, valuing it at US$310 million.

Singtel's unit Amobee Inc. will buy Turn, which offers advanced data and analytics solutions through a data management platform that allows marketing professionals to better understand customer interactions across different advertisement formats and devices.

The acquisition will expand Amobee's existing programming and data management capabilities, Singtel said in a statement to the Singapore Exchange.

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com

(END) Dow Jones Newswires

February 22, 2017 21:24 ET (02:24 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
Singapore Telecommunicat... (PK) (USOTC:SGAPY)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Singapore Telecommunicat... (PK) Charts.
Singapore Telecommunicat... (PK) (USOTC:SGAPY)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Singapore Telecommunicat... (PK) Charts.