Yahoo - SoftBank Corp. plans to combine the business unit the internet, Yahoo Japan, with the application of the short message, Line Corp. to form a company of the technology giant, for the sake of competing with local competitors such as Rakuten Inc. and technology giant United States (U.S.).
The company as a result of the merger Yahoo Japan and Line is expected to have a valuation of US$ 30 billion, or around Rp 420 trillion.
The plan of the merger Yahoo Japan, which in October 2019 renamed Z Holdings Corp., with the Line, owned by Naver Corp., is expected to be completed by October 2020.
Entity this venture, will operate the Yahoo Japan and Line.
"Merger-driven 'sense of crisis' the two companies over the emergence of technology giants from the United States (U.S.) and China," said CEO Line Takeshi Idezawa as quoted from Reuters, Monday (18/11).
(Read: Investing in Uber and WeWork Caused Softbank Suffered Losses)
Adroit Market Research launched a study titled, “Southeast Asia Cloud Computing Market Size 2017 by Deployment (Public Cloud, Private Cloud, Hybrid Cloud) by Product (IaaS, PaaS, SaaS) by Organization (Small, Medium, Large) by Application (IT & Telecom, BFSI, Aerospace & Defense, Healthcare, Manufacturing, Government & Utilities, Retail, Consumer Electronics, Others), by Region, Trends and Forecast 2018 to 2025”.
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The value chain has been analyzed in detail covering key stages.Request for sample copy of Southeast Asia Cloud Computing Market report at: https://www.adroitmarketresearch.com/contacts/request-sample/383The Southeast Asia cloud computing market revenue is estimated to reach USD 40.32 billion by 2025 driven by the increasing demand for the cloud computing among the emerging small and medium size business organizations in this region.
Therefore the installation and management of physical servers proves to be a costly affair to these businesses.
Cloud computing platforms can cut costs as well render these small companies more competitive in the regional as well as the global markets.
These platforms establish a robust IT foundation for companies to incorporate the latest wave of technological developments in to their operations.