Digital Garage gives 30% of Technorati Japan to Technorati US

Technorati Japan, established by Digital Garage(DG) in January 2005, is now shared with Technorati, Inc.. DG announced that they sold issued new shares which becomes 30% of the Technorati Japan assigned to Technorati Inc. by 75 million yen (700,000 US dollars).
DG also invests to twitter and is developing twitter Japanese localization.
[Update 2008.08.04] It is pointed out that it was not selling the initial stocks from TR-J to TR-US, but TR-US rather invests on top of current DG’s investment. Corrected.

See Also

Digital Garage’s release [pdf]
Joi Ito’s weblog
via BBWatch

Leave a comment

Your email address will not be published.