Encompass Digital Media invests around US$20 million in Singapore

Encompass Digital Media, a global broadcast service provider, has invested around US$20 million into Singapore, reports Techgoondu. The funds will be used to upgrade the technology infrastructure in the Singapore facility, and grow its employee base from 140 to 200 by the end of 2016.

The investment was announced at a press luncheon held last week.

Deepakjit Singh, managing director of Encompass Asia, says that their business in Asia has been booming: They even had to turn away customers at Broadcast Asia 2011. Their revenue in Asia registered a year-on-year growth of 15 to 20 percent for the past two to three years.

The Singapore facility is the largest digital media hub in Asia, at 88,000 square feet. The country was chosen as their Asia hub because of its political stability and strong intellectual property laws.

Clients they have served include the likes of ESPN, ABC, CBS, Hallmark Channel HD, and many more.