Allied Architects, Inc. cancelled the acquisition of 2.5% stake in Insight Inc..
January 24, 2018
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Allied Architects, Inc. (TSE:6081) agreed to acquire 2.5% stake in Insight Inc. (SPSE:2172) on January 23, 2017. As per terms, 0.04 million shares will be acquired. The transaction is expected to complete on January 23, 2017.
Allied Architects, Inc. (TSE:6081) cancelled the acquisition of 2.5% stake in Insight Inc. (SPSE:2172) on January 25, 2018.
Allied Architects, Inc. is a Japan-based company primarily engaged in the social media marketing business. The Company provides SNS related services, SNS advertisement service, and ReFUEL4 service. Its SNS related services provides advertisement content diffusion support service for China market, as well as other SNS related services. SNS advertisement service provides a variety of services suited to the characteristics and target of SNS, such as advertisement agency of SNS advertisement, advertisement distribution utilizing various data obtained from SNS related services, as well as advertisement creative production considering advertisement score (index). Its ReFUEL4 service provides a global platform service named ReFUEL4.