Internetworking and Broadband Consulting Co.,Ltd. signed a contract to acquire an unknown minority stake in Security Business Division of NaviPlus Co., Ltd.
June 17, 2020
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Internetworking and Broadband Consulting Co.,Ltd. (TSE:3920) signed a contract to acquire an unknown minority stake in Security Business Division of NaviPlus Co., Ltd. for approximately ¥100 million on June 18, 2019. The transaction includes the acquisition of SSL certificate coupon sales (agent business) and vulnerability diagnosis-related operrations under the security business managed by NaviPlus Co., Ltd. The consideration amount will be paid in cash. For the fiscal year ended March 2019, Security Business Division of NaviPlus Co., Ltd reported sales of ¥163 million. The transaction is expected to complete on August 1, 2019.
Internetworking and Broadband Consulting Co.,Ltd. (TSE:3920) signed a contract to acquire an unknown minority stake in Security Business Division of NaviPlus Co., Ltd. on June 18, 2020.
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. signed a contract to acquire an unknown minority stake in Security Business Division of NaviPlus Co., Ltd.
INTERNETWORKING AND BROADBAND CONSULTING CO.,LTD. 
