Advanced Media, Inc. acquired Rixio Inc. from Hideyuki Iwakami.
August 23, 2018
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Advanced Media, Inc. (TSE:3773) entered into an agreement to acquire Rixio Inc. from Hideyuki Iwakami on August 23, 2018. Under the terms of the transaction, Advanced Media, Inc. will acquire 2,000 shares of Rixio, Inc. Upon completion, Rixio Inc. will operate as subsidiary of Advanced Media, Inc.
Advanced Media, Inc. (TSE:3773) completed the acquisition of Rixio Inc. from Hideyuki Iwakami on August 24, 2018.
Advanced Media, Inc. is a Japan-based company engaged in the voice recognition business. The Voice Recognition segment operates through three business divisions. The Solution division is engaged in the planning, design, development of voice recognition solutions embedded with voice-recognition technology. The Product division provides applications embedded with voice-recognition technology. The Service segment provides other services utilizing voice-recognition technology. The Company provides its solutions, applications and services to enterprises and institutions in a variety of industries, including call centers, manufacture and distribution, mobiles, entertainment and education, medical and conference recording, as well as individual customers.
ADVANCED MEDIA, INC. 
