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PLAID, Inc. to Fully Acquire agito, Inc. to Boost Growth

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PLAID Inc. ( (JP:4165) ) has issued an announcement.

PLAID, Inc. has announced its decision to acquire additional shares of its subsidiary, agito, Inc., making it a wholly owned subsidiary. This strategic move is intended to strengthen internal collaboration and accelerate decision-making, thereby fostering growth within the group. Agito, known for its ‘Databeat’ service and advertising agency expertise, has been integral to PLAID’s value enhancement in the advertising sector. The acquisition is expected to bolster PLAID’s market position and streamline operations.

More about PLAID Inc.

PLAID, Inc. operates in the marketing technology industry, focusing on enhancing digital advertising through products like ‘KARTE Signals’ and professional support services such as ‘PLAID ALPHA’. The company aims to leverage first-party customer data to optimize digital advertising strategies.

YTD Price Performance: 5.99%

Average Trading Volume: 2,438,426

Technical Sentiment Signal: Sell

Current Market Cap: Yen44.04B

Learn more about 4165 stock on TipRanks’ Stock Analysis page.

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