This post is written by Hyunseok Choi, editor at Onsuccess.me, a Korean Tech Blog with insights into Korean startup ecosystem and tech space.
1. Enswers, a leading video searching tech company, announced that it was acquired by KT for 45 billion won ($40 mn). Enswers will operate as a subsidiary of KT, and Softbank Ventures Korea, the largest shareholder prior to the acquisition, haven’t sold its shares. It seems Softbank Ventures Korea is expecting the value of Enswers is higher than its amount of acquisition.
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.
Monthly Membership
Yearly Membership
What you get
Full access to all premium content and our full archives
Members'-only newsletters
Preferential access and discounts to all TechNode events
Direct access to the TechNode newsroom
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.