Asahi Shimbun, Dentsu and Zoshinkai are set to exit the notebook-sharing platform operator in an acquisition of undisclosed size by office products supplier Kokuyo.
Stationery and furniture maker Kokuyo has agreed to buy Clear, the Japan-based class notes-sharing platform that counts corporates Asahi Shimbun, Dentsu and Zoshinkai (Z-Kai) as investors, for an undisclosed amount.
Founded in 2010 as Arcterus, Clear runs an app and web-based notebook community that allows users to share notes and solve academic questions. In addition to its home country, the company operates the portal in Taiwan and Thailand.
Kokuyo and Clear will share each other’s user bases and networks after…