TechnoPro, Inc agreed to acquire 96.7% stake in Yaskawa Information Embedded Corporation from Yaskawa Information Systems Corp. (TSE:2354) for approximately ¥210 million on November 30, 2016. Under the terms of transaction TechnoPro Holdings, Inc. (TSE:6028) will acquire 8700 Yaskawa Information Embedded. Upon closing Yaskawa Information Embedded Corporation will become subsidiary of TechnoPro. For the year ended March 31, 2016 Yaskawa Information Embedded Corporation reported net assets of ¥126 million, total assets of ¥230 million, revenue of ¥610 million, operating profit of ¥3 million and net profit of ¥3 million. As on November 30, 2016 TechnoPro Holdings, Inc. (TSE:6028) Board of Directors resolved the transaction. The transaction is expected to close on December 20, 2016. TechnoPro, Inc completed 96.7% stake in Yaskawa Information Embedded Corporation from Yaskawa Information Systems Corp. (TSE:2354) on December 20, 2016. Yaskawa Information Embedded Corp will operate as TechnoPro Embedded, Inc.