# Oki Electric to merge with Hitachi Channel Solutions

Oki Electric Industry signed an absorption-type merger agreement with Hitachi Channel Solutions, effective October 1, 2026. Oki will hold a 60% stake in the joint venture, consolidating the automation equipment business including ATMs.

- Type: Acquisition
- Announced: 2026-08-17
- Where: Japan
- Status: announced
- Products: automation equipment, ATMs
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Oki Electric Industry](https://endata.com/companies/93566.md) (acquirer)
- [Hitachi Channel Solutions](https://endata.com/companies/93567.md) (target)

## Sources

- [japanir.jp](https://japanir.jp/en/company/company-6703/ir/6703-20260817-01_wp_corporate_restructuring/), 2026-08-17: "The effective date of this absorption-type merger is planned for October 1, 2026, and related regulatory procedures and clearances must be completed for the business integration to realize."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.