Scigineer Inc. (TSE:6031) agreed to acquire ZETA INC from WM Growth No. 3 Investment Limited Partnership, managed by WM PARTNERS Co., Ltd., I Asset Management LLC, Red Point Co., Ltd., Kazuyuki Morikawa and Yuichiro Shimazaki for ?1.1 billion on March 31, 2021. ZETA INC reported total assets of ?1.1 billion, sales of ?826.548 million, total profit of ?156.232 million, net assets of ?502.361 million and ordinary profit of ?224.857 million as of May 31, 2020. The transaction is subject to approval from the shareholders of Scigineer Inc. and ZETA INC. The transaction was approved by the shareholders of ZETA in extraordinary general meeting of shareholders held on May 28, 2021 and by the Scigineer? shareholders in extraordinary general meeting of shareholders held on June 10, 2021. The transaction is expected to complete on July 1, 2021. Daiwa Institute of Research Ltd. acted as financial advisor to Scigineer Inc. Yamashita Law Office acted as legal advisor to Scigineer and ZETA INC. Scigineer Inc. (TSE:6031) completed the acquisition of ZETA INC from WM Growth No. 3 Investment Limited Partnership, managed by WM PARTNERS Co., Ltd., I Asset Management LLC, Red Point Co., Ltd., Kazuyuki Morikawa and Yuichiro Shimazaki on July 1, 2021.