Horiba to Acquire Schenck-Development Test Systems.Tokyo, Japan, Aug 19, 2005 - (JCNN JCNN Japan Corporate News Network ) - Horiba agreed on the acquisition of Schenck-Development Test Systems (DTS (1) (Digital Theatre Sound) A digital audio encoding system used in movie and home theaters. Popularized by the movie Jurassic Park, the six-channel (5. ), a German manufacturer of automotive testing equipment, from Carl Schenck of Germany. Horiba is expected to invest 5 billion yen ($45 mil) in the new venture over the next 3 years. Horiba will transfer DTS branches and resources in 12 countries to Horiba's Engine Measurement Division with the aim of adding powertrain research and development to its emission measurement business. Horiba EMD EMD Electromechanical dissociation, see there plans to double its business to 50 billion yen ($452.57 mil) over the next five years, targeting business expansion in North America and Asia. Source: JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) http://www.japancorp.net Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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