AI,Inc. agreed to acquire Coestation Co., Ltd from Toshiba Digital Solutions Corporation and Avex Inc. for ¥140 million
June 28, 2023
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AI,Inc. (TSE:4388) agreed to acquire Coestation Co., Ltd from Toshiba Digital Solutions Corporation and Avex Inc. (TSE:7860) for ¥140 million on June 29, 2023. The transaction is expected to close on July 1, 2023.
AI,Inc. mainly engages in research and development of Japanese speech synthesis engines, sales and supporting of its products. The corporate products include AITalk and AITalk Internationa. The Company's main business model is the licensing business. It also engages in contract development of customer's original voice dictionary. The corporate services include cloud services and support services. Cloud services engage in development of voice synthesis service utilizing cloud environment and provision of service via the Internet. Support services provide technical support services to customers licensing corporate products. For consumer products, it engages in sales of packages that make it easy to create audio files.