Solueta Acquires Dasan Networks Shares for 5 Billion KRW

[Asia Economy Reporter Han Jinju] Solueta announced on the 28th that it will additionally acquire 636,770 shares of Dasan Networks, a network equipment manufacturing and sales affiliate, for approximately 5 billion KRW.

After the stock acquisition, Solueta's stake in Dasan Networks will be 16.7%. The scheduled date for the stock acquisition is the same day as the announcement.

The company stated, "It is to strengthen control through additional stake acquisition."