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Cloud W announced the acquisition of a subsidiary of a rapidly growing tech company, confirming strong progress in M&A global strategy.
Japan's largest crowdsourcing platform, CloudWorks, which connects companies and individuals, announced on October 31 after the close of trading that it will acquire 100% of the issued shares of Clock-IT Co., Ltd. (hereinafter referred to as "CLOCK・IT") and make it a consolidated subsidiary. CLOCK・IT is engaged in system integration, commissioned development of web applications, and its own broadcasting media.
The U.S. alphabet is being bought after hours for financial evaluation.
Alphabet, the holding company of Google in the United States, announced on the 29th the financial results for the July-September 2024 period. The revenue was 88.2 billion 68 million dollars (approximately 13 trillion 540 billion yen), a 15% increase from the same period last year, and the net profit increased by 34% to 26.3 billion 1 million dollars. The revenue from the cloud computing business increased significantly by 35%. The stock price has been trending upwards by over 5% in extended hours trading, likely becoming supportive material. <1447> SAAFHD <215>
Cover, Truce OP, and other emerging markets press releases.
Persol Career, which handles ROXX personnel introduction services and other services, has signed dealer contracts. Miratap, code 3187, downwardly revises its forecast, with the previous term's operating profit outlook of 0.839 billion yen down from 1.3 billion yen. Ingate, which handles Cloud Works personnel introduction, recruitment support, and career counseling services, has acquired shares and become a subsidiary. Delta-P, code 4598, will exercise a large number of subscription rights in the 8th round (with revised exercise price clause), with the number of shares to be issued from the 29th to 0.3 million shares. Covering, code 5253.
CloudWorks: Confirming the acceleration of M&A for accelerated growth, positive news continues.
Japan's largest cloud sourcing platform, Cloud Works <3900>, which connects companies and individuals including Cloud Works, has announced that after the end of trading on October 29, it will acquire 100% of the issued shares of Ingate Corporation ('Ingate') and make it a consolidated subsidiary. Cloud Works has significantly strengthened its M&A promotion system for accelerated growth, and progress in its global strategy has been confirmed.
CrowdWorks: Extraordinary Report
Stocks that moved the previous day part2 include Japan Electricity, Geocode, Metaplannett, etc.
Stock name <Code> 21st closing price ⇒ Previous day comparison Rakuten Bank <5838> 3275 -135 Being pushed by the overall decline in bank stocks. Fujisoft <9749> 9350 -310 Continues to support KKR's acquisition proposal. Gunma Bank <8334> 884.6 -43.9 Following the outflow of funds like other regional bank stocks. Tohoku Electric Power <9506> 1442.5 -49.5 Return selling continues for electrical utilities stocks that rose last week. Tokyo Electric Power HD <9501> 621.6 -20.6 Electrical utilities
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