Broadband Tower, Inc. (JASDAQ:3776) agreed to acquire virtualization cloud hosting business from ITcore Corporation on June 28, 2013. Virtualization cloud hosting business reported sales of approximately ¥190 million for period ending September 2012. The transaction was resolved by Board of Directors of Broadband Tower, Inc. on June 28, 2013. The transaction is expected to be completed on August 1, 2013.

Broadband Tower, Inc. (JASDAQ:3776) cancelled the acquisition of virtualization cloud hosting business from ITcore Corporation on June 28, 2014.