Axelmark to take over the IoT business "Snow Depth Automatic Monitoring System YUKIMI" to Momo on September 16 as a company split

Axelmark to take over the IoT business "Snow Depth Automatic Monitoring System YUKIMI" to Momo on September 16 as a company split
On July 10, Axelmark announced that it will take over the business related to the "Snow Depth Automatic Monitoring System YUKIMI" handled by the IoT business to Momo, which is engaged in the IoT business, on September 16 through a company split (absorption split). In connection with the succession, Axelmark plans to receive compensation from Momo, but the details are not disclosed. In response to the deterioration of the business environment surrounding the advertising business, the group has announced that "......

The linked article is in Japanese.