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Hitachi and NEC joins router business
Posted by: Jordi on Monday, July 05, 2004 - 07:25 AM
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Hitachi Ltd., and NEC Corporation announced that their router and switch businesses would be integrated. A Joint company with the capital of 5.5 billion yen will be established, with Hitachi and NEC ownership ratio of 60% and 40%.

The new company is expected to employ approximately 350 people, with a little over 60% of them from Hitachi and a little less than 40% from NEC.

Complet info at IPv6Style

 
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