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6628 - Onkyo News Story

¥42 0.0  0.0%

Last Trade - 07/08/20

Sector
Technology
Size
Micro Cap
Market Cap £29.3m
Enterprise Value £35.8m
Revenue £157.2m
Position in Universe 3163rd / 3862

BRIEF-Onkyo says business and capital alliance with U.S.-based audio technology development firm DTS

Mon 3rd September, 2018 9:00am
Sept 3 (Reuters) - Onkyo Corp  6628.T  
    
    * Says it forms business and capital alliance with
U.S.-based
audio technology development firm DTS, Inc. on Sept. 3 
    * Says it will issue 7 million shares at the price of 90 yen
per
share, to raise 630 million yen in total, via private placement
to DTS, Inc.
    * Payment date on Sept. 19 
    * Says two entities will mainly cooperate on AI solution
related
IoT substrate and modularization development 

    
    Source text in Japanese:https://goo.gl/KZJuar
    Further company coverage: 6628.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))
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