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OKI has signed a business transfer agreement with Yokogawa Electric and Yokogawa Manufacturing to acquire the Yokogawa Group's aircraft instrument business, effective April 1, 2022. The acquired business had sales of 4.9 billion yen in fiscal 2020.
“OKIは横河電機,横河マニュファクチャリングと,YOKOGAWAグループの航空機用計器事業を2022年4月1日付けで取得する事業譲渡契約を,10月5日に締結したと発表した。”optronics-media.com
Summarized from public sources; check the original articles before acting on it.