Wacom Co ( (JP:6727) ) has issued an announcement.
Wacom Co., Ltd. has announced the acquisition of shares in JENESIS Co., Ltd., a company known for its comprehensive IoT solutions. This strategic move is intended to deepen collaboration and explore human-centric integrated pen and ink technology experiences, aligning with Wacom’s medium-term management policy, ‘Wacom Chapter 4’. The acquisition is expected to have minimal impact on Wacom’s consolidated business performance for the fiscal year ending March 31, 2025.
More about Wacom Co
Wacom Co., Ltd. is a technology company specializing in providing digital pen and ink experiences, focusing on digital writing and drawing. The company aims to deliver lifelong value through its digital ink technology, catering to both educational and business fields.
YTD Price Performance: -9.25%
Average Trading Volume: 250
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $595.5M
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