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3DOM Inc. Announces Acquisition of All Stock of Kaula, Inc.
Kaula purchase brings blockchain technology and other decentralized applications to 3DOM
TOKYO, October 30, 2019 – 3DOM, Inc. (“3DOM”), a provider of battery technology and battery solutions for the electrification of next-generation transportation infrastructure, today announced that it has acquired all the outstanding stock of Kaula, Inc. (“Kaula”), following a Board of Directors resolution on October 29, 2019. The transfer of ownership was completed today and Kaula will now be a wholly owned subsidiary of 3DOM.
Kaula is a blockchain development and consulting company based in Tokyo, Japan, that is lead by CEO Katsuji Okamoto. He will continue as CEO of Kaula following the acquisition, bringing a wealth of experience and insight on blockchain technology and other decentralized applications to 3DOM.
With the acquisition, Kaula’s research efforts to create its blockchain platform “Fusion”, and the “Battery Residual Value Prediction System,” or BRVPS, will join with 3DOM’s next generation battery to help achieve our grand vision of a battery Internet of Things (IoT).
The battery IoT envisioned by 3DOM will digitally transform every aspect of the battery’s lifecycle, allowing for a “Battery as a Service,” while also allowing valuable data to be utilized in various fields of research.
3DOM aims to elevate the battery to become a critical part of social infrastructure. 3DOM expects that the acquisition of Kaula will help bring 3DOM closer to achieving this goal.
One cold winter day of 2016, experienced IT guys kept heads together to see digital revolution which was happening in New York, San Francisco, Berlin and Shanghai, and believed that was what they should do. They finally founded ‘Kaula’ and wanted to contribute to making rich, free and creative society in the world.
1. Contribute to the revolution of social and economic foundations
2. Catch up with world’s technology revolution and lead it beyond
3. Supply the infrastructure for digital social revolution