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OMRON to acquire a 33% stake in JMDC from Noritsu for $52m.

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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