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IIJ Makes Investment in Appiaries Corporation

dl button PDF [41 KB] 17 March 2014

Internet Initiative Japan Inc.
PCPhase Corporation

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

Company name Appiaries Corporation
Logo Appiaries Corporation Logo
Established February 17, 2014
Capital JPY 198,160,000
Shareholders PCP 51.0%, IIJ 49.0%
Main Business BaaS business
Number of employees 9
Executives Chief Executive Officer Kazuhiro Yoshida
(Chief Executive Officer, PCP)
Director, Chief Operating Officer Hirotaka Kamata
(Global Business Division, IIJ)
Director Tsukasa Nihei
(Executive Officer, Director, Business Development, PCP)
Director
(Part-time)
Makoto Ajisaka
(Executive Officer, Division Director,
Enterprise Business Division 3, IIJ)
Company Auditor Masaaki Sekino
(Outside Director, PCP)
Company Auditor Daisuke Noguchi
(Deputy General Manager,
Administrative Division Corporate Planning Department, IIJ)
Location 4-11-6 Jingumae, Shibuya-ku, Tokyo 150-0001, Japan