Hybe invests 45 billion to acquire 'Supertone', an AI audio company

COMPANY / Reporter Paul Lee / 2023-01-31 09:56:13
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology

방탄소년단, 뉴진스 (사진=빅히트 뮤직, 어도어)

 

[Alpha Biz=(Chicago) Reporter Paul Lee] Hybe will acquire Supertone, an artificial intelligence audio company, and materialize mid- to long-term growth strategies.

Hybe announced on the 31st that it has invested 45 billion won in Supertone, an artificial intelligence audio company.

With this investment, the Hybe stake in Supertone exceeded the majority with 56.1%.

Previously, Hybe invested 4 billion won in Supertone in 2021 to secure an 18.2% stake.


Hybe explained that it pushed for the acquisition of Supertone as part of its mid- to long-term growth strategy of convergence of music industry and technology.

 

 

Alphabiz Reporter Paul Lee(hoondork@alphabiz.co.kr)

주요기사

Samsung Fire & Marine Insurance, Meritz Fire & Marine Insurance and Others Under KFTC Probe Over Alleged Bid-Rigging in Group Accident Insurance Tenders
LS Securities Raises KOSPI Target to 10,000 on AI-Driven Momentum
Woori Bank’s Overseas Losses Raise Concerns Over Global Risk Management
Ecopro Innovation Secures First Direct Supply Deal with Global Automaker
Former Bank of Korea Governor Rhee Chang-yong Faces Scrutiny Over Political Donations to Parliamentary Committee Members
뉴스댓글 >

건강이 보이는 대표 K Medical 뉴스

SNS