M'bishi Electric to Set Aside 1 T. Yen for M&A

Tokyo, May 28 (Jiji Press)--Mitsubishi Electric Corp. said Wednesday that it will invest up to 1 trillion yen in mergers and acquisitions under its three-year growth strategy through March 2028. The major Japanese manufacture is particularly focusing on M&A deals to strengthen promising artificial intelligence and digital operations, such as data collection and operational optimization, as w...

M'bishi Electric to Set Aside 1 T. Yen for M&A
Tokyo, May 28 (Jiji Press)--Mitsubishi Electric Corp. said Wednesday that it will invest up to 1 trillion yen in mergers and acquisitions under its three-year growth strategy through March 2028. The major Japanese manufacture is particularly focusing on M&A deals to strengthen promising artificial intelligence and digital operations, such as data collection and operational optimization, as w...