📲Fujitsu and Polaris Reach Share Transfer Agreement for the Reorganization of Fujitsu’s Mobile Device Business

📲Fujitsu and Polaris Reach Share Transfer Agreement for the Reorganization of Fujitsu’s Mobile Device Business

Fujitsu Limited,Polaris Capital Group Co., Ltd.

Tokyo, January 31, 2018 Fujitsu Limited and Polaris Capital Group Co., Ltd., today announced that they have concluded a contractual agreement for Fujitsu to transfer shares in Fujitsu Connected Technologies Limited, a consolidated subsidiary of Fujitsu, as well as shares in a new company that will take over the mobile device business (company factories) of Fujitsu Peripherals Limited, to a new company (the “successor company”) that Polaris will establish. The two companies aim to complete the share transfer by the end of March 2018.

http://www.fujitsu.com/global/about/resources/news/press-releases/2018/0131-01.html