HOUSEI Inc. acquired AIed, Inc from Senxiao Wenhua Chuanbo (Hong Kong) Co., Ltd, Mizuki Miyazawa, Hiroshi Kataoka, Daisuke Fujiwara and Yuki Kubota.
April 28, 2023
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HOUSEI Inc. (TSE:5035) agreed to acquire AIed, Inc from Senxiao Wenhua Chuanbo (Hong Kong) Co., Ltd, Mizuki Miyazawa, Hiroshi Kataoka, Daisuke Fujiwara and Yuki Kubota on April 26, 2023. 1,000 shares to be transferred to HOUSEI. In determining the acquisition price, in order to ensure the fairness and appropriateness of the acquisition price, the HOUSEI Inc has requested a valuation from Finport Advisory LLC, a third-party valuation institution independent from the Company and AIed, with shares of AIed. Execution date of share transfer will be on April 28, 2023.
HOUSEI Inc. (TSE:5035) acquired AIed, Inc from Senxiao Wenhua Chuanbo (Hong Kong) Co., Ltd, Mizuki Miyazawa, Hiroshi Kataoka, Daisuke Fujiwara and Yuki Kubota on April 28, 2023.
HOUSEI Inc is a Japan-based company mainly engaged in media business, professional service business, product promotion business, and cross-border electronic commerce (EC) business. The Company operates through two segments. The Information System Business segment is divided into media business, professional service business, and product promotion business by product / service and customer industry. The media business develops, operates, and maintains information systems for the media industry, including newspapers and publishers. The professional service business develops, operates, and maintains information systems for various businesses such as manufacturing and financial businesses. The product promotion business provides information systems, software, and cloud services developed in-house. The Cross-border EC Business segment sells Japanese products to Chinese consumers and provides cloud services.