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Hitachi Ltd and Mitsubishi Corp Collaborate in Satellite Image Data Selling Business; to Acquire Stake in Subsidiary of Mitsubishi Corp -JCN Newswire


Sunday, 10 Nov 2013 07:00pm EST 

JCN Newswire reported that Hitachi Ltd and Mitsubishi Corp have signed a cooperation agreement on the satellite image data selling business. Hitachi will acquire a 51% stake in Mitsubishi's subsidiary, Japan Space Imaging Corporation, which engaged in the distribution and sale of satellite image product, and the two companies will collaborate in the satellite image provision service of Japan Space Imaging Corporation, effective November 15, 2013. 

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