Sense Things Japan Inc. agreed to acquire System Product Division from MegaChips Corporation (TSE:6875) for ¥800 million on November 16, 2018. For the year ended March 31, 2018, System Product Division of MegaChips Corporation has sales of ¥4.5 billion. Board of Directors of MegaChips Corporation resolved the transaction on November 16, 2018. The transaction is expected to be completed on January 1, 2019. Sense Things Japan Inc. completed the acquisition of System Product Division from MegaChips Corporation (TSE:6875) in 2019.