KidariStudio, Inc. agreed to acquire 8.1% stake in DELITOON SAS for KRW 1.2 billion.
June 11, 2020
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KidariStudio, Inc. (KOSE:A020120) agreed to acquire 8.1% stake in DELITOON SAS for KRW 1.2 billion on June 12, 2020. KidariStudio, Inc. acquired 137 shares and now holds 1592 shares representing 94.2% stake in DELITOON SAS. For the year ended December 31, 2020, DELITOON has total assets of KRW 3.2 billion, sales of KRW 6.4 billion and net loss of KRW 1.5 billion.
KidariStudio Board resolution date is June 12, 2020. Scheduled acquisition date is June 23, 2020.
KidariStudio Inc, formerly Daouincube, is a Korea-based company engaged in the provision of technological solutions to publishing industry. It provides solutions for creating rich media contents deliverables for multi-channels including tablet personal computers, smart phones and other interactive electronic devices. It operates two business divisions. Its Quark division specializes in domestic operation and marketing for QuarkXPress products and Quark solutions, which are software used in desktop publishing (DTP) electronic publishing and editing sectors. Its E-Book division provides conversion solutions, which enables automatic conversion of original publication made by QuarkXPress to ePub files. On February 20, 2014, the Company sold its entire shares of Smartphy, a Korea-based company engaged in the manufacturing of semiconductor development.
KIDARISTUDIO, INC. 
