DTS Corporation (TSE:9682) agreed to acquire Avanza Co., Ltd. on December 22, 2023. DTS Corporation (TSE:9682) entered into an agreement to acquire Avanza Co., Ltd. on December 27, 2023. Avanza reported total assets of ¥1,385 million, net assets of ¥1,085 million, net sales of ¥2,490 million and operating profit of ¥218 million in Fiscal year ended September 30, 2023.

The due diligence has been completed. The transaction is expected to be close on January 22, 2023.