Adways Inc. cancelled the acquisition of 50% in Excite Taiwan Corporation from Excite Japan Co., Ltd..
March 30, 2018
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Adways Inc. (TSE:2489) signed a contract to acquire 50% in Excite Taiwan Corporation from Excite Japan Co., Ltd. (JASDAQ:3754) on March 31, 2017. As per terms, 0.25 million shares will be acquired. Post completion, Excite Japan Co., Ltd. will hold 0.25 million shares in Excite Taiwan Corporation. The deal is expected to be executed on March 31, 2017.
Adways Inc. (TSE:2489) cancelled the acquisition of 50% in Excite Taiwan Corporation from Excite Japan Co., Ltd. (JASDAQ:3754) on March 31, 2018.
Adways Inc. is primarily engaged in providing Internet advertising service. The Advertising segment is engaged in connecting advertisers of Website operators, content providers and smart-phone app developers, to advertising media of Websites, game apps and other media, through the Companyâs advertising system. The Apps and Media segment is engaged in developing and operating smart-phone apps and other media. The Overseas segment is engaged in providing support service of Internet marketing for local and foreign companies overseas mainly in China, and also in providing smart-phone app advertising service.