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IIJ Makes Investment in Appiaries Corporation
Internet Initiative Japan Inc.
TOKYO-March 17, 2014-Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI, TSE1: 3774) and PCPhase Corporation (PCP) announced that IIJ acquired shares in Appiaries Corporation (Appiaries), a PCP subsidiary engaged in the Backend as a Service (BaaS) business. IIJ and PCP will manage Appiaries as a joint venture, aiming to use the strengths of both partners to best advantage.
Fast growth of mobile applications on smartphones is driving the demand for BaaS which is a form of cloud computing service offering the common server functions required to manage a mobile application service. PCP has been expanding its BaaS business, and spun it off as Appiaries on February 17, 2014. With IIJ's equity investment, Appiaries will be able to merge IIJ's technical expertise in network services and cloud service infrastructure and operations with PCP's marketing and technology development expertise in the mobile sphere. Going forward, it plans to further strengthen its development systems, acting as a leader in the BaaS market.
Company profile of Appiaries Corporation
||February 17, 2014
||PCP 51.0%, IIJ 49.0%
|Number of employees
||Chief Executive Officer
(Chief Executive Officer, PCP)
|Director, Chief Operating Officer
(Global Business Division, IIJ)
(Executive Officer, Director, Business Development, PCP)
(Executive Officer, Division Director,
Enterprise Business Division 3, IIJ)
(Outside Director, PCP)
(Deputy General Manager,
Administrative Division Corporate Planning Department, IIJ)
||4-11-6 Jingumae, Shibuya-ku, Tokyo 150-0001, Japan