SYS Holdings Co., Ltd. (TSE:3988) agreed to acquire Tsukuba Software Engineering Co., Ltd. from Takayuki Hirashima for Ñ540 million on October 21, 2022. The consideration consists of Ñ442 million of cash payment and Ñ100 million of earnout amount. The acquisition is expected to close on November 1, 2022.
SYS Holdings Co., Ltd. (TSE:3988) completed the acquisition of Tsukuba Software Engineering Co., Ltd. from Takayuki Hirashima on November 1, 2022. As of November 1, 2022, Takayuki Hirashima will join as Representative Director, President and Chief Executive Officer, Katsuyuki Nagayama will join as Director and Executive Officer and Osamu Murakami will join as Director and Executive Officer.