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Goal is to realize IoT system integrator co-creation strategy in Japan.
April 4, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Advantech has agreed to invest in 1,004,310 common shares of Nippon RAD Inc., equivalent to 19% of the total voting shares, at a price of JPY$1,098 per share (total JPY$1,102.7 million, equivalent to NT$303mn). Through this equity investment, Nippon RAD will officially become a co-creation partner of Advantech’s industrial IoT (IIoT) sector in Japan. Headquartered in Tokyo, Nippon RAD is a system integrator with approximately 300 employees. The company also has offices in Osaka, Nagoya, and ...
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