Harrison Global Holdings has begun due diligence for a planned subsidiary acquisition and strategic partnership with Idealize Co., Ltd., a Japanese event operations and audio-visual production company. The partnership aims to expand in-person events featuring VTubers and virtual characters, develop hybrid events, and launch regional revitalization media strategies. The acquisition will strengthen Harrison Global's footprint in Japan's regional markets and drive innovation across the country's media and event landscape.
Harrison Global Holdings Inc. (NASDAQ: BLMZ), a leading Japanese audio production, VTuber, entertainment, and voice actor management company, has initiated due diligence for a planned subsidiary acquisition and strategic partnership with Idealize Co., Ltd. [1][2]. Idealize, founded in 1991, is a seasoned event operations and audio-visual production company based in Kochi Prefecture, Japan.
The acquisition aims to expand Harrison Global's in-person events featuring VTubers and virtual characters, develop hybrid events that integrate real-time sound production with live streaming services, and launch regional revitalization media strategies to broadcast locally produced radio and media content to national and global audiences. Additionally, the partnership seeks to implement multilingual solutions across education, entertainment, and event sectors [1][2].
By leveraging Idealize's extensive local network in Kochi Prefecture and its established relationships with regional broadcasters, Harrison Global aims to strengthen its footprint in Japan's regional markets. The collaboration will merge Harrison Global's technological capabilities in sound and VTuber production with Idealize's deep-rooted experience in event planning and audio-visual services [1][2].
Harrison Global co-CEO Ryoshin Nakade expressed excitement about the potential acquisition, stating, "Building on the momentum of our recent strategic partnerships and ventures, we are excited to begin due diligence on a potential acquisition and collaboration with Idealize. Idealize brings a wealth of industry knowledge and experience that aligns seamlessly with our core operations" [1][2].
The due diligence process and negotiations are expected to continue in the coming weeks, with both parties committed to a thorough evaluation and successful integration of Idealize into the broader Harrison Global brand and operations [1][2].
References:
[1] https://www.newswire.com/news/harrison-global-holdings-inc-commences-due-diligence-for-subsidiary-acquisition
[2] https://www.morningstar.com/news/accesswire/1050659msn/harrison-global-holdings-inc-commences-due-diligence-for-subsidiary-acquisition-and-strategic-partnership-with-idealize-co-ltd
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