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An announcement from I-Net Corporation ( (JP:9600) ) is now available.
IST-Software Co., Ltd., a wholly-owned subsidiary of I-NET Corp., has acquired ACU CORPORATION, a company specializing in IT consulting and system development for the life insurance industry. This acquisition aims to leverage synergies between IST-Software’s existing insurance business and ACU’s expertise, enhancing their service offerings in the life insurance sector. The immediate financial impact on I-NET Corp. is minimal, but the strategic move positions the company to better serve the diverse needs of life insurance companies, potentially strengthening its market position.
More about I-Net Corporation
I-NET Corp. is a company involved in information processing services, system development services, and sales of system equipment. It operates through its group company, IST-Software Co., Ltd., which is based in Tokyo and focuses on similar business activities.
YTD Price Performance: 34.16%
Average Trading Volume: 54,360
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen32.11B
Learn more about 9600 stock on TipRanks’ Stock Analysis page.