22-Aug-2013 - Seiko Instruments GmbH

Seiko sells nanotechnology division to Hitachi

Seiko Instruments Inc. announces that it has reached a basic agreement with Hitachi High-Technologies Corporation to transfer all shares of SII’s wholly owned subsidiary SII NanoTechnology Inc. to Hitachi High-Tech. On condition of approval by the regulatory authorities, the parties plan to conclude a share transfer agreement with the aim of transferring the stock in the fall of this year. As a consequence of this move, three subsidiaries of SII NanoTech (Epolead Service Inc., SII NanoTechnology USA Inc., and SII NanoTechnology (Shanghai) Inc.) will also be transferred.

Facts, background information, dossiers
  • Hitachi
  • SII NanoTechnology
  • Seiko
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