Nulab surges to year-to-date high on launch of migration support from 'Jooto' to 'Backlog'
Nulab Inc. <5033> surged to a year-to-date high after announcing after the market close on Aug. 31 that it will offer migration support from "Jooto" - the task management tool of PR TIMES Corporation <3922> - to its "Backlog" project platform under an agreement with PR TIMES. The announcement spurred buying.
The initiative follows an Aug. 6 announcement regarding the planned end of general availability for "Jooto" on July 31, 2027, targeting a service base of 2,379 paying corporate clients and over 500,000 users. Nulab noted it will not assume the Jooto business or existing customer contracts, with migration to Backlog depending solely on individual customer applications.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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