DIGITAL LEAP: Three MSC companies seal tie-ups with US players
THREE Malaysian companies formalised their international ventures with partners from the Silicon Valley on Monday.
The three Multimedia Super Corridor (MSC) companies are social content network Joot Ventures, big data player Pulsate and e-payment service provider MOL AccessPortal.
Witnessing the announcement of the ventures was Prime Minister Datuk Seri Najib Razak, who is here on a working visit prior to attending the United Nations General Assembly in New York.
"This visit to the hub of innovation has allowed our companies to connect with innovators, investors, mentors and technology experts," Najib said.
"Our immediate focus is to help our companies tap opportunities from the digital shift that is unfolding around us."
In congratulating the Malaysian companies and their partners, Najib said he hoped other Malaysian enterprises would take inspiration from their achievements.
Joot Ventures is partnering with BrandX to launch JOOTA, a social content network platform, in the North American market and beyond.
Pulsate is collaborating with Dell, Intel and Revolution Analytics to develop Big Data Centre of Excellence and Big Data Academy in Kuala Lumpur.
Pulsate is Pulse Group's big-data arm.
"We look forward to seeing the multiplier effect of our investment ripple through the country and region," said Pulse chief executive officer Bob Chua.
The third announcement entails the launch of the MOLPoints online game and digital goods distribution and payment platform in the United States and Brazil, in partnership with Silicon Valley-based Rixty, Inc.
MOLPoints will be distributed across Rixty's distribution channel of more than 140,000 stores in the two countries.
These ventures are part of MSC Malaysia Global Footprints Programme, an ongoing effort to build world-class Malaysian organisations.
The programme encourages Malaysian MSC companies to partner with foreign firms for expansion, wealth creation and market access.