어플

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

Business / 폴리 / 01/31/2023 09:56 AM
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 폴리(hoondork@alphabiz.co.kr)

Related articles

Affinity Equity Partners Seeks Price Cut in Lotte Rental Deal Amid Antitrust Hurdles
NHN Bugs Shares Slide Over 13% After Collapse of Major Shareholder Stake Sale
Food Industry Executives Face Arrest Decision in Alleged Starch Sweetener Price-Fixing Case
Court Dismisses Shareholder Derivative Suit Against DB HiTek Chairman Family Over Compensation Dispute
NHN’s Sale of Music Platform Subsidiary NHN Bugs Falls Through on Buyer’s Payment Failure
comments >

SNS