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Sony Corp's subsidiary to acquire assets from subsidiary of Renesas Electronics Corp

Wednesday, 29 Jan 2014 01:00am EST 

Sony Corp and Renesas Electronics Corp:Says Renesas Yamagata Semiconductor Co., Ltd., which is a wholly owned subsidiary of Renesas Electronics Corp, will transfer a semiconductor manufacturing facility and related equipment at the Tsuruoka Factory to Sony Corp's wholly owned subsidiary Sony Semiconductor Corporation.Says the transaction price is 7.51 billion yen with effective date is Mar. 31.