Furuno Electric Co., Ltd. (TSE:6814) acquired Emri A/S on July 1, 2020. A new company will be established under the umbrella of Furuno Electric's Danish subsidiary, and all assets related to R&D and production of Emri A/S will be transferred.
Furuno Electric Co., Ltd. (TSE:6814) completed the acquisition of Emri A/S on July 1, 2020.
Furuno Electric Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of marine electronic devices and industrial electronic devices based on sensor technology centered on ultrasonic waves and electromagnetic waves. The Company operates through three business segments. The Marine Business segment is engaged in the manufacture and sale of navigation equipment, fishing equipment, wireless communication equipment and others. The Industrial Business segment is engaged in the provision of medical equipment, intelligent transportation systems (ITS) equipment, global positioning system (GPS) equipment and aircraft electronics. The Wireless Local Area Network (LAN)/Handy Terminal Business segment is mainly engaged in the manufacture and sale of wireless LAN systems and handy terminals. The Company is also engaged in the electromagnetic environment test business, and digital communication business for the shipping industry.