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%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.