02.05.19
Advantech announced the completion of the 80% stake acquisition of OMRON Nohgata, a subsidiary of OMRON Corporation. OMRON Nohgata will now be known as Advantech Technologies Japan (ATJ) and will be located in Nogata Fukuoka, Japan. It is focused on application markets in factory automation, machinery, and medical sectors.
ATJ will be led by the current management team and will join Advantech’s Embedded IoT Business Group (EIoT SBG) in developing new products and integrating sales resources. With this acquisition, Advantech will effectively expand its embedded system market share in Japan and enhance its localized manufacturing services capability. Advantech further envisions cooperation with OMRON Corporation in IoT platform development.
“Japan is Advantech’s strategic market for IoT business opportunities,” said Miller Chang, president of Embedded IoT Group. “ It is our view that there are big opportunities in both industrial and IoT markets given the strong and advanced industrial demand. In the future, ATJ will cooperate with Advantech Japan’s Tokyo office in sales organization and leverage Advantech’ strength in centralized component procurement, embedded computing design-in capability, and WISE-PaaS IoT platforms to expand their business scope.”
ATJ will be led by the current management team and will join Advantech’s Embedded IoT Business Group (EIoT SBG) in developing new products and integrating sales resources. With this acquisition, Advantech will effectively expand its embedded system market share in Japan and enhance its localized manufacturing services capability. Advantech further envisions cooperation with OMRON Corporation in IoT platform development.
“Japan is Advantech’s strategic market for IoT business opportunities,” said Miller Chang, president of Embedded IoT Group. “ It is our view that there are big opportunities in both industrial and IoT markets given the strong and advanced industrial demand. In the future, ATJ will cooperate with Advantech Japan’s Tokyo office in sales organization and leverage Advantech’ strength in centralized component procurement, embedded computing design-in capability, and WISE-PaaS IoT platforms to expand their business scope.”