Openbase Inc. (KOSE:A049480) agreed to acquire GE Real Estate Corporation for KRW 28 billion on October 10, 2013. Openbase Inc. will acquire 3.33 million shares of GE Real Estate Corporation. GE Real Estate Corporation will be renamed to Open Intelex Co., Ltd. The transaction is expected to complete on November 15, 2013. As of November 15, 2013, the transaction settlement date has been amended to November 26, 2013.

Openbase Inc. (KOSE:A049480) completed the acquisition of GE Real Estate Corporation on November 26, 2013.