Rococo Acquires Automagica (Charisma AI) as Subsidiary

Automagica Inc. hereby announces that a share transfer agreement has been concluded between the Company’s shareholders and Rococo Inc., resulting in Rococo acquiring 70.03% of the Company’s issued shares and making the Company a consolidated subsidiary of Rococo. Details are as follows:

Background and purpose of this project

Our mission is to “lower the barriers to AI adoption for Japanese companies,” and we have been committed to eliminating dependency, reducing operational costs, and increasing our clients’ sales and profits through system and application development and business automation support using generative AI, as well as our SaaS-based AI agent (our own service).

Meanwhile, Rococo offers a wide range of IT services, including enterprise IT outsourcing and various BPO services, entertainment solutions using facial recognition systems, and the attendance management system “RocoTime.” The company has grown primarily through labor-intensive businesses that utilize the human resources of its engineers.

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The purpose of this share acquisition and consolidation is to combine Rococo’s capital strength, customer base, and sales pipeline with our AI generation technology and development capabilities to implement AI in more corporate operations and strengthen our system to contribute to improving the productivity of Japanese companies as a whole . especially,

Increase sales by jointly providing our services and products to Rococo’s many business partners

By utilizing AI generation in the IT help desk, various BPO operations, ticket management operations, etc. within the Rococo Group, we will be able to compensate for the shortage of personnel, reduce recruitment costs, and standardize customer service quality.

Strengthening our engineering structure through the provision of engineering resources from Rococo

SOURCE: PRTimes