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Zhibao Technology to acquire Malaysian AI infrastructure firm NEXSYS with $7.5M earn-out in shares

Company Fundamentals
28 Sep 2026
Newsfile Corp
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Bullish
Zhibao Technology to acquire Malaysian AI infrastructure firm NEXSYS with $7.5M earn-out in shares

Zhibao Technology Inc. has signed an agreement to acquire 100% of NEXSYS TECH SDN. BHD., a new Malaysian company focused on AI computing infrastructure including high-end GPU servers and data center services in Malaysia and Indonesia. The deal includes $1 cash at closing and up to $7.5 million in contingent earn-out paid in shares, based on NEXSYS achieving $3.015 million in net profit over 27 months. This acquisition aims to diversify Zhibao's revenue streams and strengthen its technological capabilities in fintech and insurtech sectors, with closing expected within 30 days pending customary conditions.

Zhibao Technology's acquisition of NEXSYS TECH provides context for technology sector activity on Pluang. For readers following technology stocks, here is Pluang's market snapshot as of Sep 28, 2026 17:42 WIB: out of 150 priced US technology stocks, 23 rose and 113 fell. Notable movers include Roblox Corp (RBLX) at USD 44.92 with a -3.27% change, Veritone Inc (VERI) at USD 1.33 with a +3.10% change, and Arm Holdings plc (ARM) at USD 300.75 with a -3.08% change.

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