Wednesday, September 13, 2006

SoftBank BB Takes 10% Stake in asknet AG

Japan's SoftBank BB acquired a ten percent share in asknet AG, a supplier of outsourcing solutions for global software distribution via the Internet. SoftBank BB is Japan's largest distributor of software and IT-related products.

In mid-August, asknet had announced the establishment of a joint venture with SoftBank BB in electronic software distribution to cover the world's second biggest software market, Japan.