An example of this can be seen in its d’Cryptor ZE project, which is the computational and security core in the Electronic Road Pricing (ERP) InVehicle Unit in use in Singapore’s ERP system.
RHB Bank Singapore analyst Shekhar Jaiswal is keeping “buy” on Singapore Technologies Engineering (SGX:S63
) (ST Engineering) with an unchanged target price of $4.45, following the company’s announcement on Dec 13 to fully acquire cryptography firm D'Crypt for an initial consideration of $67 million.
Established in 2000, D’Crypt offers solutions in encrypted communications, single-chip crypto tokens, secure computing, and high-performance computing.
