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Will expand Advantech’s revenues, enhance localized service in Japan.
October 29, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Advantech announced its entrance into an agreement, subject to customary closing conditions, to acquire 80% stake of OMRON Nohgata, a subsidiary of OMRON Corporation. Advantech and its 100% owned subsidiary Advantech Japan (AJP), will own 50% and 30% stake respectively. OMRON Nohgata will be led by the current management team and will join Advantech’s Embedded IoT Business Group in developing new products and integrating sales resources. With this acquisition, Advantech will effectively expand...
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