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Jul 30, 2021PARTNERSHIP2-6-64 Nishi, Tokyo, Japan

IDEC and Alps Alpine form joint venture for factory automation

IDEC Corporation and Alps Alpine Co., Ltd. signed a joint venture agreement on July 30, 2021, to form IDEC Alps Technologies Co., Ltd. in September 2021, focusing on HMI and safety products for factory automation and industrial equipment.

Status

Announced

Productshuman-machine interfacessafety productssensorswireless/communication devices

CompaniesIDEC Alps Technologies Co., Ltd.IDEC Corporation partner Alps Alpine partner

Sectors#Automation and Robotics #Industrial Machinery

“The companies will form a joint venture company in September 2021 with a view to establishing highly profitable business through product development and provision of optimal solutions drawing on their respective expertise in the human-machine interfaces (HMI) domain.”alpsalpine.com

1 source
alpsalpine.comPress Release | IDEC and Alps Alpine Enter into Joint Venture Agreement | Alps AlpineJul 30, 2021

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

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