Apr. 12, 2018

Komatsu Ltd. (President and CEO: Tetsuji Ohashi) (hereafter 'Komatsu') has acquired Oryx Simulations Verklighetsmodeller i Sverige AB (CEO: Rami Morssy) (hereafter 'Oryx Simulations') through Komatsu Forest AB, a wholly owned subsidiary in Sweden. Oryx Simulations, headquartered in Umeå, Sweden, designs, develops, manufactures and sells simulators of forest machines.

Komatsu estimates this acquisition will have minimal effect on its consolidated business results.

1. Background and objective of the Acquisition

Oryx Simulations has been developing simulators of forest machines in collaboration with Komatsu Forest AB since the 1990s. As operation of forest machines such as harvesters is very complicated, the use of simulators is indispensable for operator training. The company designs, develops, manufactures and sells operator training simulators of forest machinery and construction equipment. Oryx Simulations sold two harvester simulators in Japan so far.

Oryx Simulations has a wealth of real-time simulation expertise and leads the industry with other cutting-edge technologies. By incorporating their technological expertise, the Komatsu Group will broaden service operations designed to further improve customers' convenience.

2. Outline of Oryx Simulations

Name:Oryx Simulations Verklighetsmodeller i Sverige AB

Location: Umeå, Sweden

Representative Director: Rami Morssy

Line of business: Development, manufacturing and sale of simulators of forest machines

URL:https://www.oryx.se/

【Photo: Operator training simulator】

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  • The information described is at the time of presentation and may be subject to advance notice.

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Komatsu Ltd. published this content on 12 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 April 2018 00:31:08 UTC