Basis Co., Ltd. , which develops infrastructure technology businesses, is pleased to announce that it has acquired all outstanding shares of the Japan Electrical Safety Association, Inc., making it a wholly owned subsidiary.
With the Japan Electrical Safety Association joining the Basis Group, we will promote the provision of new value by leveraging the business foundations of both companies.
Basis’s mission is to “create the foundation of society and support the future and happiness of people and society,” and it develops “infratech businesses” that support social infrastructure using technology. Primarily serving infrastructure operators such as telecommunications, electricity, and gas companies, it provides services such as the design, construction, operation, and maintenance of communication infrastructure, as well as various project support.
Electrical equipment, including high-voltage power receiving facilities, is a vital infrastructure that supports various parts of society, such as factories, office buildings, and commercial facilities.
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Meanwhile, the electrical safety industry is facing an aging workforce of skilled technicians and a shortage of personnel. This necessitates increasing the productivity of safety operations while maintaining safety with limited resources.
Basis believes that by utilizing IoT and digital technologies to understand, store, and analyze the status of equipment, there is room to evolve security operations into more efficient and sophisticated processes.
The purpose of this M&A is to combine the technologies and expertise of both companies and promote the digitalization of electrical safety operations.
Source: PRTimes


