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BRIEF-I-O Data Device says business and capital alliance with Hitachi Maxell
August 25, 2017 / 8:29 AM / in 2 months

BRIEF-I-O Data Device says business and capital alliance with Hitachi Maxell

Aug 25 (Reuters) - I-O Data Device Inc

* Says it signed business and capital alliance agreement with Hitachi Maxell Ltd on Aug. 25

* Says two entities will mainly cooperate on joint development of products, services and new business

* Says it will distribute 740,000 shares of its treasury common stock at 1,081 yen per share through private placement to Hitachi Maxell Ltd

* Says placement date is Sept. 11

Source text in Japanese:goo.gl/jSDf94

Further company coverage: (Beijing Headline News)

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