Nidec Agrees to Acquire SV Probe Pte. Ltd. - Modern Distribution Management

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Nidec Agrees to Acquire SV Probe Pte. Ltd.

Nidec will acquire the probe card manufacturer from Singapore-based Ellipsiz Ltd.
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Japan-based motor manufacturer Nidec Corp. (NYSE:NJ) has agreed to acquire 100 percent equity shares of SV Probe Pte. Ltd. for $65 million. Nidec will acquire the probe card manufacturer from Singapore-based Ellipsiz Ltd. through the subsidiary Nidec-Read Corporation.

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