Paramatrix Technologies Limited has acquired a 51% stake in Paramatrix Technologies KK, Japan, through its wholly-owned subsidiary in Hong Kong, marking a significant milestone in its global expansion efforts.

The remaining 49% stake will continue to be held by Mr. John Zendano, who brings extensive industry experience and leadership, particularly in Japan's financial services sector.

This acquisition, which has received approval from Japan’s Ministry of Economy, Trade and Industry (METI), represents the company’s first direct entry into the Japanese market and emphasizes its commitment to expanding within Japan’s enterprise technology landscape.

With a focus on financial services, Paramatrix intends to leverage international expertise and local leadership in order to take advantage of the growing opportunities in Japan’s digital transformation.