NETCLASS Technology Expands Footprint with Strategic Acquisition

NETCLASS Technology Strengthens Its Market Position in Asia
NETCLASS TECHNOLOGY INC. (the "Company" or "NETCLASS"), recognized as a leading B2B smart education IT solutions provider, is expanding its footprint in Asia through a significant acquisition. The Company has recently acquired a 51% stake in CreateSolutions Co., Ltd., a software company based in Tokyo, representing a major step in its strategy to enhance operations in the region.
Details of the Acquisition
The investment of JPY 2,550,000 has secured 255 shares in CreateSolutions, allowing NETCLASS to integrate its high-efficiency and sustainable technology solutions into its portfolio. CreateSolutions specializes in various services, including software development, data analysis, business consulting, and corporate innovation training, which can enhance NETCLASS’s offerings.
Enhancing Technology Solutions
This acquisition is not just a financial move; it's part of NETCLASS's vision to boost its software development capabilities and optimize product quality. By establishing an operational center in Tokyo, NETCLASS will leverage local expertise to diversify its customer base and deliver tailored services to clients in different sectors.
Commitment to Quality and Innovation
"We are proud to spearhead the collaboration with CreateSolutions, as it aligns perfectly with our strategy to expand internationally," stated Dr. Jianbiao Dai, Chairman & Chief Executive Officer of NETCLASS TECHNOLOGY INC. He emphasized that this partnership would facilitate the delivery of high-quality, reliable products while creating growth opportunities for both companies.
About NETCLASS TECHNOLOGY INC.
NETCLASS TECHNOLOGY INC. is committed to being at the forefront of the B2B smart education sector, offering a wide array of IT solutions to schools, training institutions, and public agencies. With offices strategically located in key cities, including Shanghai, Hong Kong, and Singapore, the Company focuses on services that extend from SaaS subscriptions to advanced application software development.
Mission and Vision
The mission of NETCLASS is to provide innovative solutions that promote growth within the education sector. The Company’s offerings include teaching management systems, online education platforms, and cutting-edge data management tools, all aimed at enhancing the educational experience and operational efficiency.
Future Prospects
Following this acquisition, NETCLASS stands at a pivotal moment in its growth journey, enabling it to navigate new market trajectories effectively. By improving its product lineup and expanding into new geographical markets, NETCLASS is poised for accelerated revenue growth and enhanced market presence.
Frequently Asked Questions
What does the acquisition of CreateSolutions entail?
The acquisition allows NETCLASS to hold a 51% stake in CreateSolutions, expanding its software development capabilities and enhancing the quality of its services.
How will this acquisition impact NETCLASS?
This strategic step is expected to diversify NETCLASS’s customer base and promote revenue growth through enhanced technology solutions.
Where are NETCLASS's offices located?
NETCLASS has offices in Shanghai, Hong Kong, and Singapore, positioning it well within the Asian market.
What services does NETCLASS provide?
NETCLASS offers a range of IT solutions, including SaaS services, educational management systems, and innovative product design tailored for various sectors.
Who is the CEO of NETCLASS TECHNOLOGY INC.?
Dr. Jianbiao Dai serves as the Chairman and CEO, leading the Company’s vision and strategic initiatives.
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