Announced
Financials
Sources
Tags
data processing
Pending
hosting services
Japan
Single Bidder
Minority
Acquisition
Private
Data Centers and Hosting
Friendly
Domestic
Synopsis
OMRON, a Japanese electronics company, agreed to acquire a 33% stake in JMDC, a provider of data processing and hosting services, from Noritsu, a photo processing machine manufacturer, for $52m. OMRON Group aims to maximize the corporate value of both groups by generating business synergies through the implementation of the above measures while fully respecting the JMDC Group's entrepreneurial corporate culture and management independence.
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