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Arent, Inc. ( (JP:5254) ) has issued an announcement.
Arent Inc. has completed the acquisition of PlantStream Inc., a move that aligns with its long-term growth strategy. This acquisition is expected to enhance decision-making speed and flexibility in development and sales strategies, contributing to Arent’s vertical integration and strengthening its software domain. The acquisition also aims to leverage synergies with other M&A initiatives, promoting faster expansion into overseas markets and optimizing development resources.
More about Arent, Inc.
Arent Inc. operates in the software industry, focusing on developing advanced 3D CAD software for plant design. Their primary product, PlantStream®, is used across various industries such as oil & gas, chemicals, and power, and has been adopted by numerous EPC contractors and plant owners globally.
YTD Price Performance: -4.58%
Average Trading Volume: 39,248
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen33.63B
See more data about 5254 stock on TipRanks’ Stock Analysis page.