Murata Machinery Ltd., a private machine tool manufacturer, announced that it has launched a tender offer for Silex Technology Inc., a listed network-related solution provider. The TOB price is set at 58,000 yen, a 72% premium over its 3-month average. Silex approved the offer. Murata Machinery, using Silex's wireless technology, plans to develop the FA system, aiming for higher productivity.
August 18, 2011
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