amana inc. (TSE:2402) agreed to acquire 60% stake in EYEdentify Inc. from Yasuaki Matsuki on December 8, 2014. Under the terms of the transaction, amana will acquire 120 shares of EYEdentify in the transaction. Post closing, amana inc. will hold 60% stake in EYEdentify Inc. The Board of Directors of amana passed a resolution for the transaction.

The share transfer agreement and acquisition date is scheduled in mid December 2014.