McKinsey acquires KL-based VLT Labs

McKinsey & Company principal Nimal Manuel speaking at the briefing on the Economic Impact of Internet on Malaysia.

KUALA LUMPUR: McKinsey & Co has acquired VLT Labs, a Malaysian digital business builder and product development studio.

In  a statement, McKinsey said VLT Labs’ talent would further boost the company’s digital capabilities in Asia where demand was fast growing and with a view to help local organisations become regional and global leaders in a digital age.

Senior partner and leader of McKinsey Digital Labs APAC, Michael Gryseels, said as clients faced rapid disruption of business, the company accelerated its pace of change to support them in their digital transformation journey.

The Kuala Lumpur-based VLT Labs has over four years of digital product engineering and design experience, specialising in helping corporations to conceptualise, design and build digital products.

Meanwhile, its managing partner (Malaysia) Nimal Manuel said the company was committed to growing a digital studio in Malaysia to serve its clients across the region.

“We are proud to have found exceptional talent in home-grown VLT Labs to help us achieve our mission. We look forward to integrating the team of designers, developers and product managers into McKinsey, taking them to serve our clients globally,” Manuel said.

VLT Labs would join the existing team within McKinsey Digital Labs which includes developers, designers, IT architects, agile coaches, and data engineering experts. - Bernama



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