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UMC Electronics to acquire Hitachi Information & Telecommunication Manufacturing · Endata

◂ Announcements

Apr 3, 2018ACQUISITIONJapan

UMC Electronics to acquire Hitachi Information & Telecommunication Manufacturing

Hitachi and UMC Electronics have agreed that UMC Electronics will acquire the stocks of Hitachi Information & Telecommunication Manufacturing and related manufacturing assets. The collaboration aims to strengthen manufacturing of IT products such as servers, storage, and network equipment.

Status

Announced

Productsserversstoragenetwork equipment

CompaniesHitachi target UMC Electronics acquirer Hitachi Information & Telecommunication Manufacturing target

Sectors#Semiconductors and Industrial Electronics

“Hitachi and UMC Electronics today announced that the companies reached a basic agreement on collaboration for strengthening manufacturing in the IT product field.”hitachi.com

1 source
hitachi.comHitachi and UMC Electronics Reach a Basic Agreement onCollaboration for Strengthening Manufacturing : Hitachi GlobalApr 3, 2018

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

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