Raketech enters Japan with Casumba Media acquisition
Malta-based affiliate purchases Asian-focused brand portfolio for €2m fee
Raketech today sealed the €2m acquisition of Japan-focused affiliate portfolio Casumba Media.
Casumba Media is a Malta-registered business that offers an “extensive amount of affiliate websites in the Japanese market”, according to Raketech.
The founders of Casumba Media will stay on board to facilitate the roll-out of Raketech products in Japan, and possibly other Asian markets in the long-term.
Raketech CEO Michael Holmberg
Raketech CEO Michael Holmberg said: “This is another milestone in Raketech’s history and fully in line with our strategy to expand into new markets.
“We see many operators looking at Japan and this acquisition is an opportunity for Raketech to be part in an emerging market where our customers want to grow.
“We look forward to working together with the Casumba team to develop the products and in the long run launch new products together,” he added.