Advanced Media Acquires feat, a Software Development and Third-Party Verification Company, as a Wholly-Owned Subsidiary
NQ Score
50/100
AI Summary (NQ-processed)
Advanced Media, aiming to be an 'AI Voice Enabler' by leveraging AI through voice, has acquired all shares of feat, a company specializing in software and hardware development, and third-party verification. This acquisition will merge Advanced Media's voice AI technology with feat's development and verification capabilities to strengthen AI solution development. feat, with 181 engineers out of 195 employees, brings extensive expertise in software testing and quality assurance, which is crucial for the final quality of applications, especially with the rapid adoption of generative AI.
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Frequently Asked Questions
- Q: What is the name of the company that Advanced Media acquired as a wholly-owned subsidiary?
- A: Advanced Media acquired feat Co., Ltd., headquartered in Shibuya-ku, Tokyo, as a wholly-owned subsidiary to strengthen its AI solution development capabilities.
- Q: Who is the representative director and president of Advanced Media, Inc.?
- A: Kiyoyuki Suzuki is the Representative Director, Chairman, and President of Advanced Media, Inc., headquartered in Toshima-ku, Tokyo.
- Q: How many employees does feat Co., Ltd. have, and how many of them are engineers?
- A: feat Co., Ltd. has 195 employees in total, with 181 of them being engineers specializing in software and hardware development and verification.
- Q: What is the name of feat's unique test standard used in its verification processes?
- A: feat's unique test standard used in its systematic verification process is called 'TESTOLOGY,' developed over 15 years of expertise in third-party verification.
- Q: What strategic philosophy does Advanced Media use to guide its market development and enterprise collaborations?
- A: Advanced Media uses the 'M-Dev (Market Development with Enterprise Deployment)' philosophy to guide its collaborations, including M&A activities, to support corporate AI utilization through voice technology.