DTS to Form Capital and Business Alliance with Spice Factory

MT Newswires Live

03-12

DTS (TYO:9682) will acquire shares in Spice Factory, a digital integration firm, through a capital and business alliance agreement signed on March 5, according to a Tuesday filing on the Tokyo Stock Exchange.

The share acquisition is set to begin on March 19.

The partnership aims to strengthen DTS's customer experience capabilities by combining its large-scale system development expertise with Spice Factory's strengths in UI/UX design and agile development.

DTS said the deal will support the creation of new business services, enhance digital transformation (DX) consulting, and improve system design. The financial terms were not disclosed.

Price (JPY): $4105.00, Change: $-55, Percent Change: -1.32%

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