Rakuten acquires Innoeye for its push into 5G and communications services

Rakuten acquires Innoeye for its push into 5G and communications services

TechCrunch·2020-05-14 00:50

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Rakuten, often referred to as the “Amazon of Japan” with extensive holdings in e-commerce and streaming media, has made an acquisition that will help it build up and flex a newer arm of its business: communications services. Today, the company announced that it is buying Innoeye, an engineering company based out of Herndon, VA, with offices also in India, which builds cloud-based solutions aimed at carriers and enterprises to manage networks and deploy services across them. The financial terms of the deal were not disclosed.

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