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With the hurtling pace of technological advances here at the dawn of the twenty-first century, what is the key to staying ahead? Want an answer? Just watch the fusion of Hitachi's advanced technologies and product development capabilities with Nissei Sangyo's global sales force.
Combining the strengths of these two companies will generate synergies that create an unprecedented new force in the market-Hitachi High-Technologies Corporation.
The new company was established on October 1, 2001 through an integration of Nissei Sangyo Co., Ltd., with Hitachi's Instruments Group and Semiconductor Manufacturing Equipment Group. Augmenting Nissei Sangyo's identity as a high-tech trading company, the new Hitachi High-Technologies will be an integrated organization that develops, manufactures, markets and services equipment and systems in the emerging field of nanotechnology. Hitachi High-Technologies will anticipate the needs of the next generation as no high-tech company ever has.
Now, for the future-Hitachi High-Technologies.
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Details of Business Integration and Establishment of the New Company |
Nanotechnology represents a frontier that cuts across the technologies that drive a broad range of leading-edge industries from telecommunications to environmental and life sciences.
Nanotechnology will play a major role in the next generation. That is why Nissei Sangyo Co., Ltd., and Hitachi, Ltd., have agreed to move forward with a business integration focused on emerging nanotechnology. Hitachi will separate its Instruments Group and Semiconductor Manufacturing Equipment Group to merge them with Nissei Sangyo on October 1, 2001. Hitachi Medical Corporation will also transfer its clinical testing systems business to Nissei Sangyo on the same day. This business integration takes advantage of new legal provisions regarding corporate spin-offs in Japan that became effective in April 2001. The integration will employ the "separation-merger" method, with Nissei Sangyo allocating new shares to Hitachi. The new company will be established on October 1. Augmenting Nissei Sangyo's former role as a trading company, the new Hitachi High-Technologies will feature an integrated organization ready to develop, manufacture, market and service semiconductor manufacturing equipment, biotechnology products, and other equipment and systems in nanotechnology-related fields. The new company aims to anticipate market changes and customer needs, undertake rapid product development, and offer premium solutions
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Introduction to Predecessor Companies |
Instruments Group, Hitachi, Ltd.
Hitachi's Instruments Group perfected its first transmission electron microscope in 1941, and has continued to develop advanced measurement technologies for over half a century. The Group has created highly innovative technologies and products used in the electronics, medical, environmental, and biotechnology fields. The Group features a complete research and development system and global business operations, with scientific research exchanges both in Japan and overseas and local manufacturing and servicing in the United States and China.
Semiconductor Manufacturing Equipment Group, Hitachi, Ltd.
Hitachi's Instruments Group perfected its first transmission electron microscope in 1941, and has continued to develop advanced measurement technologies for over half a century. The Group has created highly innovative technologies and products used in the electronics, medical, environmental, and biotechnology fields. The Group features a complete research and development system and global business operations, with scientific research exchanges both in Japan and overseas and local manufacturing and servicing in the United States and China.
Nissei Sangyo Co., Ltd.
Nissei Sangyo was founded in 1947 to function as a trading company within the Hitachi Group. As a high-tech trading company, Nissei Sangyo built a domestic and international network to supply electronics products, scientific systems, industrial systems, information systems, semiconductors and advanced materials. In recent years, the company has positioned nanotechnology and the life sciences as important business segments, and is currently working to expand these operations. Approximately 60% of the sales staff at Nissei Sangyo are sales engineers. The company's unique function as a trading company that specializes in industry has earned it a solid reputation both in Japan and abroad.