Hybrid Technologies Co., Ltd. acquired Dentsu Techno Camp Co., Ltd. from Evolable Asia Co., Ltd. and Dentsu Group Inc. (TSE:4324) on April 1, 2020. Dentsu Techno Camp Co., Ltd. will operate as a wholly owned subsidiary by Hybrid Technologies. As a result of the transaction, Dentsu Techno Camp Co., Ltd. changed its trade name to Hybrid Techno Camp Co., Ltd. Jang Bang Min will be the new representative of Dentsu Techno Camp Co., Ltd. The impact on the business performance of the Group for the current term is expected to be minor.

Hybrid Technologies Co., Ltd. completed the acquisition of Dentsu Techno Camp Co., Ltd. from Evolable Asia Co., Ltd. and Dentsu Group Inc. (TSE:4324) on April 1, 2020.