Brief: I-O Data Device says business and capital alliance with Hitachi Maxell
25/08/2017 09:28
Aug 25 (Reuters) - I-O Data Device Inc 6916.T
* Says it signed business and capital alliance agreement
with Hitachi Maxell Ltd 6810.T on Aug. 25
* Says two entities will mainly cooperate on joint
development of products, services and new business
* Says it will distribute 740,000 shares of its treasury
common stock at 1,081 yen per share through private placement to
Hitachi Maxell Ltd
* Says placement date is Sept. 11
Source text in Japanese:https://goo.gl/jSDf94
Further company coverage: 6916.T 6810.T
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