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- Rakuten Group Co., Ltd.
- Rakuten Mobile Inc
- Science Arts Co., Ltd.
Rakuten and Science Arts aim to strengthen synergy through capital and business alliance.
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Rakuten Group Inc. (hereinafter referred to as "Rakuten") and Science Arts Inc. (hereinafter referred to as "Science Arts") have signed a capital and business alliance agreement today in order to deepen their cooperation and enhance synergy in technology and business aspects.
Additionally, Rakuten Mobile Inc. (hereinafter referred to as "Rakuten Mobile") and Science Arts aim to strengthen the sales of the bundled plan of Rakuten Mobile's "Rakuten Strongest Plan Business" for corporate customers and Buddycom (Buddycom), the live communication platform provided by Science Arts. They have signed a business partnership agreement today.
Furthermore, Rakuten, Rakuten Mobile, and Science Arts have signed a memorandum of understanding today to jointly develop AI technology solutions from Rakuten and the integration of Buddycom to support business efficiency for business companies, etc.
- From the left in the photo, Hiroshi Mikitani (Chairman and CEO of Rakuten) and Hidekazu Hiraoka (President of Science Arts).
Regarding the business partnership and basic agreement.
At Rakuten Mobile, starting from January 2024, we have begun providing 'Buddycom' as a solution for corporations, and from April 2024, we will sell the 'Rakuten Mobile Buddycom Set' for lodging facilities through 'Rakuten Travel', promoting DX and business efficiency for frontline workers in the lodging industry, among others. In the future, based on this business partnership, Rakuten Mobile and Science Arts will expand the sales of 'Rakuten Mobile Buddycom Set' tailored to each market for business companies related to Rakuten ecosystem services such as 'Rakuten Ichiba', to further promote DX and business efficiency. Furthermore, based on this basic agreement, in collaboration with Rakuten, we will leverage their AI technology and solutions to evolve 'Buddycom' with a characteristic of being a voice solution that suppresses the ears and voices of frontline workers in a more user-friendly and intuitive way for humans, advancing joint development for business efficiency of business companies.
The three companies will continue to consider further value provision for the improvement of customer business efficiency through the utilization of data assets and AI in the future.
Regarding the capital alliance.
As follows, Rakuten plans to invest in Science Arts.
Method of investment. | Underwriting of new shares through third-party allotment. |
Number of underwritten shares | 819,000 shares |
Amount of investment | 434,070,000 yen |
Investment ratio (voting rights basis) | 10.17% |
Payment due date for investment | Scheduled for October 31, 2024. |
■ Comments from each company
Representative Director, Chairman and President of Rakuten Group, Hiroshi Mikitani
"Through this partnership with Science Arts, I look forward to deepening collaboration in various areas including mobile and DX within the Rakuten ecosystem (economic sphere). Using Rakuten's AI technology and solutions, we will strive to improve the operations and marketing efficiency of business companies involved in the economic sphere, contributing to maximizing corporate value."
President and CEO of Science Arts, Shuichi Hiraoka
"I am delighted to deepen our partnership with Rakuten and Rakuten Mobile to create new value together. By leveraging Rakuten's AI technology and solutions in collaboration with 'Buddycom', we aim to enhance service functions and convenience, provide frontline workers with the future of DX, and work towards becoming a force in society where people can work with bright smiles."
* Product names and service names included in this press release are generally trademarks or registered trademarks of respective companies.
* In the trademark notation of each company in this press release, trademark signs such as (TM) or (R) may be omitted.
The end
*The information contained herein is as of the announcement date and is subject to change without notice. Please note that the latest information may differ.
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