Nitto Denko Corporation (TSE:6988) acquired Bend Labs, Inc. on June 1, 2022. Bend Labs starts its business as Nitto Bend Technologies, Inc. Bend Labs reported $5.9 million sales for FY2021. The impact of this acquisition on Nitto's consolidated earnings forecast for FY2022 is insignificant. In case significant effect is recognized, Nitto will report it thereafter. Fenwick & West LLP acted as a legal advisor to Nitto Bend Technologies Inc. The Fenwick team for this acquisition was led by corporate partner Kris Withrow and associates Jeff Zhang, Jing Xu and Anja Kong; executive compensation and employee benefits partner Nancy Chen, counsel Jane Piehler and associates Jennifer Lin and Cynthia Yuan; technology transactions partner Ralph Pais and associates Julia Arruda, Sankalp Kandaswamy and Brandon Cheung; and trade and national security partner Melissa Duffy and associate Sofia Chalat.

Nitto Denko Corporation (TSE:6988) completed the acquisition of Bend Labs, Inc. on June 1, 2022.