Cloudaron Group Berhad (KLSE:CLOUD) is seeking acquisitions. Cloudaron is eyeing one more acquisition in 2018 to beef up its portfolio as it seeks to attract more clients. “These acquisitions bring stable monthly recurring revenue and will provide a good baseline for revenue growth,” its Executive Director Lum Piew told The Edge Financial Daily in an email interview. However, he declined to elaborate on the target acquisition. “That is very exciting. With our business, as long as we have the technology and expertise, customers and partners can be global because [digitalisation] allows us to break geographic boundaries," Lum Piew said. Mergers and acquisitions aside, Lum Piew said the company is actively seeking partnerships with legacy businesses wanting to go digital and are prepared to “put skin in the game, develop digital platforms together, and be part of a digital enterprise generating revenue and profits”. The company is also aiming for high growth in its digital platform segment. “With our organic growth as well as acquisitions, we have set ourselves an aggressive target to grow revenues by at least 50% in FY19,” Lum Piew said.