Electronics maker eyes synergy with hardware as it pursues new growth engines
OSAKA — Murata Manufacturing has acquired an Italian startup with strength in systems for tags using radio-frequency identification technology, aiming to become a one-stop shop for inventory management.
The Japanese electronics producer on Thursday completed the purchase of Id-Solutions, a software developer spun off from the University of Parma. The deal was likely valued at more than 2 billion yen ($17.9 million).
Source: Japan’s Murata buys Italian RFID system developer- Nikkei Asian Review