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BRIEF-GMO Cloud and unit to acquire stake in Chiba-based company for 80 mln yen
April 24, 2017 / 9:09 AM / 8 months ago

BRIEF-GMO Cloud and unit to acquire stake in Chiba-based company for 80 mln yen

April 24 (Reuters) - GMO Cloud KK

* Says it and unit GMOGlobalSign K.K will acquire 80,000 shares (80 percent stake) of a Chiba-based company, which is engaged in IoT platform business for 80 million yen

* Says it will raise voting power in Chiba-based company to 80 percent from 0 percent

* Says transaction effective May 1

Source text in Japanese:goo.gl/EFsycL

Further company coverage: (Beijing Headline News)

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