Tokyo Seimitsu Co., Ltd. entered into a share transfer agreement to acquire Fujitsu Telecom Networks Fukushima, Limited from Fujitsu Telecom Networks Limited for approximately ¥770 million.
January 15, 2019
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Tokyo Seimitsu Co., Ltd. (TSE:7729) entered into a share transfer agreement to acquire Fujitsu Telecom Networks Fukushima, Limited from Fujitsu Telecom Networks Limited for approximately ¥770 million on January 16, 2019. The transaction is expected to complete in two stages for 80% stake in February 1, 2019 and for remaining 20% stake in February 1, 2021. Tokyo Seimitsu Co., Ltd. completed the acquisition of 80% stake in Fujitsu Telecom Networks Fukushima, Limited on March 31, 2019.
Tokyo Seimitsu Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of semiconductor manufacturing equipment and precision measuring equipment. The Semiconductor Manufacturing Equipment segment is engaged in the manufacture and sale of processing and inspection equipment for the manufacture of semiconductor, such as wafer probing machines and wafer dicing machines, as well as the provision of after-sales services and the development of related software. The Measuring Equipment segment is engaged in the manufacture and sale of precision measuring equipment for three-dimensional (3D) vision systems, as well as surface roundness and profile shape measuring instruments including 3D coordinate measuring machine, true degree and column shape measuring machine, surface roughness measuring machine, wheel shape measuring machine and others.
Tokyo Seimitsu Co., Ltd. entered into a share transfer agreement to acquire Fujitsu Telecom Networks Fukushima, Limited from Fujitsu Telecom Networks Limited for approximately ¥770 million.
TOKYO SEIMITSU CO., LTD. 
