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MDI acquires the Laser Solutions Co.,Ltd

On June 23rd , 2009, Mitsuboshi Diamond Industrial Co., Ltd. ("MDI" below / Headquarters: Suita City, Osaka Prefecture / President: Yasuaki Miyake) announced at a board meeting the acquisition of all shares of the Laser Solutions Co.,Ltd. a 100% subsidiary of the Dainippon Screen MFG.Co.Ltd. (Code-No 7335, registered at the 1st section of the Tokyo and Osaka stock exchange). The acquisition will become effective from June 30th 2009.  

 

 1. Purpose of the acquisition

 

 By fusing together LAS’s Laser processing technology with MDI’s laser scribing and other applications, MDI expects to capture a larger share of the spreading LED-market and an expansion of their business activities.

 

  

2. Company outline

  (of the acquired company)  

  ・Company nameoooo: Laser Solutions Co.,Ltd.

  ・Field of businessoo0: Development, manufacturing and sales of Laser-micro processing

  ・Field of businessoo0: devices and inspection devices with high-precision visual systems.

  ・Establishedoo0oooo: 04. 03rd 2000

  ・Head officeofficeffice Keihan Bus Jujo Bldg., 5 Minami-Ishida-cho, Higashi-Kujo,

  Head officeofficeffice Minami-ku, Kyoto 601-8033 Jp

  ・President oooooooo: Tetsuo Hoki

  ・Capitalizationooo0o : 90 Million Yen

 ・Holding company   : Dainippon Co.,Ltd. 100

 

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For further information contact

Mitsuboshi Diamond Industrial Co.,Ltd.

Planning Department, Public Relations Manager Seno

564-0044 

Minami Kaneden 2-12-12, Suita-City, Osaka Pref.

TEL : 06-6378-3828   FAX : 06-6378-3851

E-mail : infom@mitsuboshi-dia.co.jp