May 20, 2008
- GMO Internet, Inc.
May 20, 2008
Press Release
GMO Internet Inc.
Transfer of Corporate Sales Division
(Restructuring of GMO Internet Group)
Tokyo- May 20, 2008 – At the GMO Internet, Inc. Board of Directors meeting convened today it was resolved to transfer the entire operations of the company’s Corporate Sales division to the group e-commerce solutions subsidiary GMO Solution Partner, Inc. with the objective of consolidating resources and further strengthening the GMO Internet Group e-commerce solutions business.
Please refer to the document Transfer of Corporate Sales Division (Restructuring of GMO Internet Group) posted today on our Investor Relations site for the following details.
1. Reasons for the Transfer of Business
2. Transfer of Business
3. Outline of Transferee (GMO Solution Partner, Inc.)
4. Schedule
5. Business Performance Outlook Following Transfer of Business
Media Inquiries
GMO Internet Inc. Group PR Team
E-mail：[email protected]
The GMO Internet Group
The GMO Internet Group is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services in Japan. We hold top domestic market shares in domain registration, web hosting and payment processing and we provide a host of other services including e-commerce solutions and Internet advertising to individual and corporate customers. Striving to redefine the industry and foster a vibrant Internet culture, the GMO Internet Group is continuously working to inspire enthusiasm in our customers and put smiles on their faces.
GMO Internet Inc.
Company Name | GMO Internet Inc. http://www.gmo.jp/en (TSE First Section Code: 9449) |
Address | Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN |
CEO | Masatoshi Kumagai |
Business Description | - Internet Use Support (Infrastructure) - Internet Advertising Support (Media) |
Capital | 1,276,830,000 yen |