Hitachi and NEC joins router business
Monday, July 05, 2004 - :25 AM
Topic: 6DEPLOY
Posted by: Jordi
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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