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IIJ Completes Acquisition of Subsidiary from AT&T Japan
Internet Initiative Japan Inc.
IIJ Global Solutions Inc.
TOKYO--September 1, 2010--Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI, TSE1: 3774), one of Japan's leading Internet access and comprehensive network solutions providers, today announced that it has acquired a 100% stake in the new subsidiary established by AT&T Japan LLC, as announced in IIJ's press release dated June 1, 2010. (*1) This acquisition makes the company a 100% owned subsidiary of IIJ, and it will begin operations today under the name IIJ Global Solutions Inc. ("IIJ-Global").
IIJ-Global will continue to provide WAN and other domestic network outsourcing service businesses which it succeeded from AT&T Japan. IIJ-Global also plans to provide highly value-added network services by integrating with IIJ Group's abundant network solution services to create greater customer satisfaction.
(*1) Press release URL: http://www.iij.ad.jp/en/news/pressrelease/2010/0601-2.html
Outline of IIJ Global Solutions Inc.
||IIJ Global Solutions Inc.
||Headquarters: Shinnikko-Building, 2-10-1 Toranomon, Minato-ku, Tokyo
|Business Commencement Date
||September 1, 2010
||To be confirmed after transfer of business is completed, but currently as estimated JPY 490 million.
||Internet Initiative Japan Inc. (100%)
|Principal business activities
||Provides WAN and other domestic network outsourcing services and international network related services
|Number of Employees
||245 employees (as of September 1, 2010)
||Chairman and Representative Director
|President and Representative Director
|Executive Managing Director
|Senior Managing Director
(President and CEO of IIJ)
(Senior Managing Director of IIJ)
(Company Auditor of IIJ)
(CFO and Managing Director of IIJ)
|| http://www.iijglobal.co.jp/ (Japanese text only.)