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Hitachi and Omron join together.


In mid-May n. 1. the middle part of May.

Noun 1. mid-May - the middle part of May
period, period of time, time period - an amount of time; "a time period of 30 years"; "hastened the period of time of his recovery"; "Picasso's blue period"
, Hitachi Hitachi (hētä`chē), city (1990 pop. 202,141), Ibaraki prefecture, E central Honshu, Japan, on the Kashima Sea. The city is a leading producer of Japan's electrical equipment. , Ltd. and Omron The OMRON Corporation (オムロン株式会社   Corporation, a leader in sensing and control technology, announced the outline for a joint venture combining their ATM and information equipment businesses. The decision was based on an agreement the two companies cinched at the end of January January: see month. .

The new company, to start operations on October 1, 2004, will be called Hitachi-Omron Terminal Solutions, Corp. and will be responsible for the planning, development, manufacture and sale of ATMs and other self-service machines--in addition to terminal systems and other information equipment--and for the modules and solutions businesses.

Aiming for a globally competitive position, in an information equipment market expected to see massive growth in the years ahead, the new company will fulfill ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 broad customer needs by providing optimal solutions based on recognition and handling technologies for cash, cards, passbooks, forms and other human interface technologies that enable simple operation for customers and end-users.
COPYRIGHT 2004 Japan Inc. Communications
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Japan Inc.
Geographic Code:9JAPA
Date:Jul 1, 2004
Words:148
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