Business
K Wave Media to Acquire Controlling Stake in KOSDAQ-Listed AI and ICT Company Hansol Inticube
Transaction Strengthens KWM’s EnterTech Strategy by Integrating AI, ICT, and Global Entertainment IP NEW YORK and SEOUL, South Korea, Dec. 22, 2025 (GLOBE
About this update from K Wave Media, Ltd.
[{"type":"text","content":"Transaction Strengthens KWM’s EnterTech Strategy by Integrating AI, ICT, and Global Entertainment IP\nNEW YORK and SEOUL, South Korea, Dec. 22, 2025 (GLOBE NEWSWIRE) -- K Wave Media Ltd. (Nasdaq: “KWM”), a global entertainment and media company, today announced that it has entered into a binding share purchase agreement to acquire 42.25% of Hansol Inticube Co., Ltd. (“Hansol Inticube”), a KOSDAQ-listed AI language and software development company, including managerial control, through K Wave Media’s wholly owned subsidiary, Play Company Co., Ltd. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions. This strategic acquisition combines K Wave Media’s deep expertise in global entertainment IP and fandom-driven business models with Hansol Inticube’s advanced AI, cloud, and ICT solutions, positioning K Wave Media to fundamentally transform how millions of global K-culture fans engage with artists and content. The transaction represents a key milestone in K Wave Media’s evolution into an EnterTech company, integrating entertainment and technology to deliver highly personalized, data-driven fan experiences. Hansol Inticube is a well-established provider of B2B ICT infrastructure, with core capabilities in AI contact centers, voice recognition, chatbots, smart solutions, and platform technologies. The company has built a stable technology foundation and customer base through large-scale deployments across the financial services, public sector, and telecommunications industries. When integrated with K Wave Media’s global entertainment platforms, Hansol Inticube’s AI and data capabilities are expected to drive significant innovation in customer experience, fan engagement, and IP monetization within the content and entertainment industry. For the first nine months of 2025, Hansol Inticube reported KRW 51 billion (approximately USD $35 million) in revenue, which K Wave Media expects will meaningfully contribute to its consolidated financial performance and support its goal of doubling its revenue in 2026 following the transaction’s completion. K Wave Media’s wholly owned subsidiary, Play Company, has executed a wide range of projects across the domestic and international entertainment markets over the past decade. Leveraging its proven track record in artist IP management, global K-pop ...