FiEE, Inc. Acquires Japanese Firm to Bolster Tech Capabilities and Global Footprint

Rhea-AI Summary

FiEE (NASDAQ:FIEE) announced it signed a share purchase agreement on November 27, 2025 and closed on November 30, 2025 to acquire 100% of Japanese firm Houren-Geiju for an aggregate purchase price of $3.5 million.

Houren-Geiju provides AI and blockchain-based digital authentication for art, and holds five software copyrights with eight software innovations in patent application. FiEE said the acquisition will bolster its AI and blockchain capabilities, expand its brand-management and MCN digital services, and support its goal of growing a global community of key opinion leaders.

Positive

• Acquisition price: $3.5 million
• Transaction closed on November 30, 2025
• Adds five software copyrights and eight innovations in patent process
• Expands FiEE service offering to blockchain authentication

Negative

• None.

Insights

M&A Technology Strategist

Acquisition of a Japanese AI/blockchain authentication firm for $3.5 million closed Nov 30, 2025; expands FiEE's tech and service scope.

FiEE completed an all‑equity and asset purchase to acquire 100% of Houren‑Geiju, a specialist in AI image recognition, blockchain certification and digital authentication for art, including five software copyrights and eight patent applications. This purchase directly adds intellectual property and product features FiEE can embed into its existing IoT, connectivity and brand‑management stack, offering a clear pathway to broaden service lines into blockchain authentication and enhance MCN and custom R&D offerings.

Key dependencies and risks include successful technical integration of Houren‑Geiju's assets, conversion of patent applications to issued patents, and commercial adoption by FiEE's current customers. The disclosed price of $3.5 million limits immediate financial strain, but realization of value depends on execution: product integration, go‑to‑market alignment, and measurable customer uptake.

Watch for three near‑term milestones: technical integration progress and product roadmaps over the next 6–12 months, outcomes of the eight patent applications, and initial customer deployment or revenue recognition from blockchain authentication services within the same horizon. These items will indicate whether the acquisition translates from strategic intent into measurable growth.

HONG KONG, Dec. 2, 2025 /PRNewswire/ -- FiEE, Inc. (NASDAQ:FIEE) ("FiEE" or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, is pleased to announce that on November 27, 2025, the Company signed a share purchase agreement and technology transfer agreement to acquire 100% of the outstanding equity interests and all of the assets, including software copyrights and patents of the Japanese company, Houren-Geiju Kabushikikaisha ("Houren-Geiju"), for an aggregate purchase price of $3.5 million (the "Transactions"). The Transactions closed on November 30, 2025. The Company believes that the Transactions will significantly bolster the Company's technological capabilities and further optimize its offering of a comprehensive brand management solution for its customers.

Houren-Geiju is a Japanese technology company specializing in digital authentication services for art collections, leveraging artificial intelligence and blockchain technology to provide both individual and corporate clients low-cost, reliable artwork authentication, certification, and display services. For corporate clients, it provides micro identification, AI image recognition, blockchain certification, and digital passport generation services. For individual clients, Houren-Geiju enables users to complete self-service authentication, uploading and display through mobile phones, gradually forming a "trust-based collection social network." Currently, Houren-Geiju has five software copyrights and eight software innovations in the process of application for patents. 

Following the Transactions, FiEE aims to increase the application of AI and blockchain authentication technologies in its customized software R&D services and MCN digital services, thereby expanding its service offerings to blockchain authentication. FiEE believes that its customer base will further expand, leading to its long-term goal of establishing a global community of Key Opinion Leaders throughout the digital content lifecycle.

Rafael Li, Chief Executive Officer of FiEE, commented, "We are thrilled to integrate Houren-Geiju's cutting-edge authentication and blockchain technologies into our business, thereby broadening our revenue streams, optimising our brand solutions, and having the potential to reach extensive high-quality customers. Looking ahead, we will continue to tap into new customer segments while actively seeking high-quality project opportunities, steadily advancing our sustainable and diversified growth and strengthening engagement across our entire To-B and To-C ecosystem."

About FiEE, Inc.

FiEE, Inc. (NASDAQ:FIEE), formerly Minim, Inc., was founded in 1977. It has a historical track record of delivering comprehensive WiFi/Software as a Service platform in the market. After years of development, it made the strategic decision to transition to a Software First Model in 2024 to expand its technology portfolio and revenue streams. In 2025, FiEE, Inc. rebranded itself as a technology company leveraging its expertise in IoT, connectivity, and AI to explore new business prospects and extend its global footprint. 

FiEE, Inc.'s services are structured into four key categories: Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, SAAS Solutions, and Professional To-C and To-B Services & Support. Notably, FiEE, Inc. has introduced its innovative Software as a Service solutions, which integrate its AI and data analytics capabilities into content creation and brand management. This initiative has led to the nurturing of a robust pool of KOLs on major social media platforms worldwide, assisting them in developing, managing, and optimizing their digital presence across global platforms. FiEE, Inc.'s services include customized graphics and posts, short videos, and editorial calendars tailored to align with brand objectives. 

Forward-Looking Statements
This communication contains forward-looking statements which include, but are not limited to, statements regarding the Transactions; the expected success of the Company's integration of Houren-Geiju's business into FiEE's business; the Company's business strategy, including its strategic transformation; and the Company's ability to drive long-term growth and shareholder value. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The Company's expectations and beliefs regarding these matters may not materialize. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of uncertainties, risks, and changes in circumstances, including but not limited to risks and uncertainties related to: the ability of the Company to maintain compliance with the Nasdaq continued listing standards; the impact of fluctuations in global financial markets on the Company's business and the actions it may take in response thereto; the Company's ability to execute its plans and strategies; and the impact of government laws and regulations. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption "Risk Factors" in the Annual Report on Form 10-K for the year ended December 31, 2024 and elsewhere in the Company's subsequent reports on Form 10-Q or Form 8-K filed with the U.S. Securities and Exchange Commission from time to time and available at www.sec.gov.    

Media
fiee@dlkadvisory.com

View original content:https://www.prnewswire.com/news-releases/fiee-inc-acquires-japanese-firm-to-bolster-tech-capabilities-and-global-footprint-302630746.html

SOURCE FiEE, Inc.

FAQ

What did FiEE (FIEE) acquire on November 30, 2025?

FiEE acquired 100% of Houren-Geiju, including assets, software copyrights, and patents, for $3.5 million and closed the transaction on November 30, 2025.

How many software copyrights and patent applications did Houren-Geiju have in the FIEE acquisition?

Houren-Geiju had five software copyrights and eight software innovations in the process of patent application.

How will the Houren-Geiju deal affect FiEE's product offerings and technology (FIEE)?

FiEE plans to increase AI and blockchain authentication in its customized software R&D and MCN digital services, expanding its blockchain authentication offerings.

When was the share purchase agreement for FiEE's acquisition signed?

FiEE signed the share purchase agreement and technology transfer agreement on November 27, 2025.

What business does Houren-Geiju operate that FiEE is acquiring (FIEE)?

Houren-Geiju provides AI and blockchain-based digital authentication, certification, and display services for art collections to individual and corporate clients.