🍀Nidec Completes Acquisition of Genmark Automation, Inc., a US Semiconductor Wafer Handling Robot Manufacturer
Nidec Corporation (TSE: 6594; OTC US: NJDCY) today announced that its subsidiary, Nidec Sankyo Corporation (“Nidec Sankyo”) has completed the acquisition of 100% equity shares of Genmark Automation, Inc. (“Genmark”) in line with its previous announcement titled “Nidec to Acquire Genmark Automation, Inc., an US Semiconductor Wafer Handling Robot Manufacturer” dated April 24, 2018.
As a result of this transaction, Genmark has become a consolidated subsidiary of Nidec Sankyo, as outlined below:
Nidec Corporation
http://www.nidec.com/en-Global/corporate/news/2018/news0501-01/