Nidec to acquire five German robotics companies for $450M

Nidec Corporation plans to spend approximately 50 billion yen ($450 million) to acquire five German robotics companies by the end of March 2019, targeting automation technology.

“Nidec will spend roughly 50 billion yen ($450 million) to acquire five German robotics companies by the end of March”asia.nikkei.com

• 3 sources
• asia.nikkei.comNidec to buy 5 German robotics makers for $450m - Nikkei AsiaNikkei staff writersSep 2, 2018
• mynewsdesk.comNidec Completes Acquisition of MS-Graessner GmbH & Co. KG and Its Group Companies | NidecNao MaedaSep 3, 2018
• roboticsandautomationnews.comNidec looking to ‘buy five German robotics companies for $450 million’Mai TaoSep 3, 2018

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