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News Breaks
February 7, 2013
05:37 EDTFJTSY, PCFujitsu, Panasonic to consolidate system LSI business in new company
Fujitsu (FJTSY) and Panasonic (PC) announced that the two companies have signed a memorandum of understanding to consolidate the design and development functions of the system LSI businesses of Panasonic and Fujitsu Semiconductor, a wholly owned subsidiary of Fujitsu. With the backing of capital contributions from third-party investors, Fujitsu and Panasonic will establish a new company under a fabless business model, enabling LSI design and development functions. At the same time, the two companies have agreed to discuss the transfer of business to the new company. In establishing the new integrated company, Development Bank of Japan has been asked to assist with investment and financing. Fujitsu and Panasonic are currently engaged in detailed discussions with the goal of promptly finalizing a contract.
News For PC;FJTSY From The Last 14 Days
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June 25, 2015
05:33 EDTFJTSYQumu announces sales partnership with Fujitsu
Qumu (QUMU) announced a sales partnership with Fujitsu (FJTSY). Fujitsu deployed Qumu’s enterprise video solution in 2014 to over 160,000 employees throughout their organization. After rolling out the Qumu solution internally, Fujitsu will now offer the Qumu solution for sale to its customers. The Qumu solution sold by Fujitsu will provide the full spectrum of features from the Qumu Enterprise video platform.
June 22, 2015
08:02 EDTFJTSYTransphorm announces new $70M investment led by KKR
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