Iriver Limited (KOSDAQ:A060570) acquired the remaining 55.8% stake in Groovers from NHN BUGS Corporation (KOSDAQ:A104200) and others on February 23, 2018. Under the terms, Iriver Limited acquired 0.41 million shares, increasing its stake from 44.2% to 100% in Groovers.

Iriver Limited (KOSDAQ:A060570) completed the acquisition of the remaining 55.8% stake in Groovers from NHN BUGS Corporation (KOSDAQ:A104200) and others on February 23, 2018.