Leading system development company joins DG Group to expand Sapporo base
Digital Garage (DG) acquired the shares of FEELIST, a system development company based in Sapporo with six locations nationwide and a team of 120 engineers, effective July 1, 2024. Also effective as of July 1, FEELIST has changed its name to “DG Feelist” and has commenced operations under the new name.
Under the group strategy “DG FinTech Shift” focused on payment platforms, DG has been enhancing its recurring income, promoting the creation of businesses with high potential for disruptive growth using next-generation technologies, and integrating payment services. DG is also making efforts to hire more tech talent to strengthen its new business development foundation, which is an important part of its strategy.
Since its founding in 2015, DG Feelist has been a group of engineers focused on nearshore business and contract development, primarily in web system applications and smartphone app development. Emphasizing a comfortable working environment for engineers and focusing on training and educating young and inexperienced employees, DG Feelist has cultivated a high retention rate and a strong corporate culture.
DG acquired these shares and incorporated DG Feelist into the Group because it determined that DG can make maximum use of DG Feelist‘s development capabilities and engineering training environment in the DG Group’s strategy, thereby accelerating business growth together.
The impact on our consolidated performance from this acquisition is expected to be minimal in the short term, but it is anticipated to contribute to the enhancement of our group’s corporate value in the medium to long term. Should there be any significant changes to our consolidated performance outlook, DG will promptly announce them.
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