Toshiba Corporation (Toshiba) and Ikegami Tsushinki Co., Ltd. (Ikegami) have announced that they will enter into a capital alliance in order to strengthen their business collaboration in professional-use broadcasting systems. Toshiba will subscribe to all the new shares that Ikegami's board of directors, meeting today, has resolved to issue. As a result, Toshiba will become the largest shareholder of Ikegami, with a holding of around 20% of shares issued. After taking the necessary procedures, Toshiba and Ikegami aim to execute a final agreement by the end of August.
Through the capital alliance, Toshiba and Ikegami will promote more efficient and more active collaboration in sales and marketing and the joint development of products, and the establishment of a framework for commercial production. Through these measures, Toshiba and Ikegami will achieve growth in the market for professional video production and editing systems.
Toshiba Corporation
