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GEECHS Inc. Acquires Alive Inc. to Boost IT Market Presence

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GEECHS Inc. Acquires Alive Inc. to Boost IT Market Presence

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An update from geechs inc. ( (JP:7060) ) is now available.

GEECHS Inc. has announced its decision to acquire 100% of Alive Inc.’s shares, making it a consolidated subsidiary. This acquisition aims to capitalize on the expanding domestic IT market and address Japan’s IT talent shortage by combining the resources and customer bases of both companies. By doing so, GEECHS seeks to accelerate its growth and enhance corporate value, leveraging its IT freelance matching business to support sustained sales growth for Alive Inc.

More about geechs inc.

GEECHS Inc. operates in the IT industry, focusing on leveraging its database of IT freelancers and globally active IT engineers to provide adaptable digital transformation solutions. Its market focus includes addressing Japan’s IT talent shortage and enhancing its business portfolio through strategic acquisitions.

YTD Price Performance: -6.23%

Average Trading Volume: 15,279

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen3.71B

For an in-depth examination of 7060 stock, go to TipRanks’ Stock Analysis page.

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