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System Support Holdings Inc. Completes Acquisition of Echo System Co., Ltd.

Story Highlights
  • System Support Holdings Inc. acquired Echo System Co., Ltd., enhancing its software development capabilities.
  • The acquisition is expected to boost corporate value and contribute positively in the medium to long term.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
System Support Holdings Inc. Completes Acquisition of Echo System Co., Ltd.

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System Support, Inc. ( (JP:4396) ) has shared an announcement.

System Support Holdings Inc. has completed the acquisition of Echo System Co., Ltd., a company specializing in contracted software development and sales of packaged software and applications. This acquisition is expected to have a minimal immediate impact on the company’s financial results for the current fiscal year, but it is anticipated to enhance the corporate value and contribute positively to the group’s consolidated results in the medium to long term.

More about System Support, Inc.

System Support Holdings Inc. operates in the technology industry, focusing on the development and sales of software and applications. The company is listed on the Tokyo Stock Exchange Prime Market and is led by President Ryoji Koshimizu.

Average Trading Volume: 44,664

Technical Sentiment Signal: Buy

Current Market Cap: Yen28.03B

See more insights into 4396 stock on TipRanks’ Stock Analysis page.

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