Internetworking and Broadband Consulting Co.,Ltd. completed the acquisition of remaining 14.3% stake in iChain, Inc. from Garcia & Company Co., Ltd., Consensus base Co., and others.
June 29, 2019
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Internetworking and Broadband Consulting Co.,Ltd. (TSE:3920) agreed to acquire remaining 14.3% stake in iChain, Inc. from Garcia & Company Co., Ltd., Consensus base Co., and others on May 31, 2019. As per the transaction, Internetworking and Broadband Consulting shall acquire 0.05 million additional shares in iChain. Presently, Internetworking and Broadband Consulting holds 85.7%, Garcia & Company Co., Ltd. holds 7.1%, Consensus base Co., Ltd. holds 2.2% and others hold 5% stake in iChain, respectively. Post completion, iChain shall become a wholly-owned subsidiary of Internetworking and Broadband Consulting.
Internetworking and Broadband Consulting Co.,Ltd. (TSE:3920) completed the acquisition of remaining 14.3% stake in iChain, Inc. from Garcia & Company Co., Ltd., Consensus base Co., and others on June 2019.
Internetworking and Broadband Consulting Co.,Ltd. is a Japan-based company principally engaged in the network system monitoring related business. The Company is engaged in the provision of development, sale, support and consulting services for System Answer Series, a network system information management and performance monitoring tool that monitors the operational status of information and communication networks and predictive failures. The license sales business is engaged in the sale of licenses for the System Answer Series products. The services provision business is engaged in the provision of network consulting services, network design, migration and construction services, operational consulting services, as well as various technical support services. The other product sales business is engaged in the sale of various system equipment and software associated with products and solution services to solve customer problems.
Internetworking and Broadband Consulting Co.,Ltd. completed the acquisition of remaining 14.3% stake in iChain, Inc. from Garcia & Company Co., Ltd., Consensus base Co., and others.