Hyper Corporation announced on the 8th that it will acquire a portion of the shares of Finger Labs and Emotion Global, key content and tech affiliates of its largest shareholder FSN. In addition, it will acquire all shares of MakeUs held by FSN, completing a new tech new business synergy that ranges from high technological competitiveness to high-quality intellectual property (IP).
Finger Labs and Emotion Global are core affiliates responsible for FSN's tech business. Finger Labs operates various Web 3.0 infrastructures encompassing both online and offline, as well as businesses across the entire Web 3.0 spectrum. Through its subsidiary Fingerbus, it operates the point tech platform 'Meta Club' and has successfully established itself in the domestic point market. Emotion Global is a digital first-generation company boasting about 30 years of experience, providing top-level platform construction and operation services in Korea, from UX consulting to planning, design, development, and operation.
Having secured shares in these core companies, Hyper Corporation will take on the central role in FSN's new tech business. Recently, FSN, which became the largest shareholder of Hyper Corporation, reorganized its business groups previously classified as marketing, tech, commerce, and global into new tech and accelerator sectors. Among these, the new tech business plans to maximize synergy by positioning highly skilled affiliates centered around Hyper Corporation.
Through this acquisition, Hyper Corporation is planning platforms across various categories, notably planning to launch a digital healthcare platform. Combining Hyper Corporation's accumulated bio-healthcare know-how in Alzheimer's dementia treatments, non-narcotic analgesics, and early dementia diagnostic kits with the platform construction and operation capabilities of Finger Labs and Emotion Global, they expect to release a differentiated healthcare platform.
The next-generation IP content business centered on Xclusive, operated by Finger Labs, will also be intensified. The strategy is to secure competitive IP and build a distribution business that protects content copyrights based on artificial intelligence (AI) and blockchain technology, addressing issues faced by major content platforms such as scalping and fragile revenue structures. By establishing a system that allows for the production and uploading of proprietary content, they aim to induce innovative content creation and, in the long term, develop into a security token offering (STO) format where users can participate in funding for content production and discovery.
They have also secured high-quality IP, considered essential competitiveness for next-generation content distribution businesses, by acquiring all shares of MakeUs held by FSN as part of this effort. MakeUs is a global digital content studio with a unique IP lineup and production expertise, operating the digital content media 'Dingo,' which has nearly 45 million total channel subscribers. They are already conducting pre-sales ahead of the broadcast of 'Begins Youth,' a web drama based on BTS's Hwayangyeonhwa. With the addition of Dingo's diverse IP, expectations for Xclusive are expected to rise further.
Lee Sang-seok, CEO of Hyper Corporation, said, "By acquiring shares of Finger Labs and Emotion Global, which played a core role in FSN's tech business, as well as MakeUs, which holds Korea's top-level IP, we have secured high technological capabilities and high-quality IP for the new tech business." He added, "We will build platforms that can lead various fields such as digital healthcare and IP content based on AI and blockchain technology."
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