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ANRITSU shares rebound sharply on plan to consolidate French subsidiary SmartViser, expand business opportunities
ANRITSU CORPORATION <6754> shares rebounded sharply. After the market close on the 31st, the company announced it will acquire additional shares of SmartViser, a French equity-method affiliate, and consolidate it as a subsidiary in August. Through this consolidation, the company expects to expand business opportunities not only in the smartphone market but also in various industrial sectors including private networks, mission-critical networks, and automotive-related fields, attracting positive buying interest. The acquisition price was not disclosed.
SmartViser develops and sells evaluation software for mobile networks and devices. The consolidation will enable the combined utilization of SmartViser's technological capabilities in test automation and efficiency with ANRITSU's test solutions in the communications field.
Source: MINKABU PRESS
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