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Yaskawa Electric acquires Siemens' stake in joint venture YSAD · Endata

◂ Announcements

Dec 18, 2018ACQUISITIONJapan

Yaskawa Electric acquires Siemens' stake in joint venture YSAD

Yaskawa Electric acquired Siemens AG's stake in the joint venture YaskawaSiemens Automation & Drives (YSAD), making it a wholly-owned subsidiary renamed Yaskawa Automation Drives (YAD), effective November 1, 2018.

Status

Completed

Productsindustrial drive systemsautomation products

CompaniesSiemens target Yaskawa Electric Corp. acquirer

Sectors#Automation and Robotics #Industrial Machinery

“Yaskawa Electric acquires Siemens joint venture to promote the new revolution of Industry 4.0.”tw-motor.com

1 source
tw-motor.comYaskawa Electric Acquires Siemens Joint Venture To Promote The New Revolution Of Industry 4.0 - News - Teamwork Global Group LimitedDec 18, 2018

Summarized from public sources; check the original articles before acting on it.

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