The latest announcement is out from AMADA HOLDINGS CO ( (JP:6113) ).
AMADA CO., LTD. announced its decision to acquire all shares of Via Mechanics, Ltd., aiming to make it a consolidated subsidiary. This strategic acquisition is expected to enhance AMADA’s corporate value by leveraging Via Mechanics’ semiconductor customer base and advanced technology in drilling and ultra-precision laser processing machines. The move is part of AMADA’s long-term growth strategy to expand its market presence and foster synergies between its automation solutions and Via Mechanics’ high-speed processing technologies.
More about AMADA HOLDINGS CO
AMADA CO., LTD. is a manufacturer of metalworking machinery, focusing on expanding its laser technology into high-growth areas such as e-Mobility, semiconductors, and medical applications.
YTD Price Performance: -3.73%
Technical Sentiment Signal: Hold
Current Market Cap: $2.94B
See more data about 6113 stock on TipRanks’ Stock Analysis page.