Brief: Systena says unit Systena America to set up IoT business related JV
26/10/2017 08:36
Oct 26 (Reuters) - Systena Corp 2317.T
* Says unit, Systena America Inc. will set up an U.S.-based
JV, O.N.E,Inc, with Plasma Business Intelligence,Inc., on Dec. 1
* The JV will be engaged in IoT, robotics and AI solution
related planning, sale and development
* The JV will be capitalized at $6 million (681.4 million
yen)
* Says the unit and Plasma Business Intelligence,Inc. will
hold 50 percent stake in the JV respectively after transaction
Source text in Japanese:https://goo.gl/Nx3aVf
Further company coverage: 2317.T
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