Phillips is selling its 100% subsidiary OM&T, a specialized optical R&D technology company, to Moser Baer India (MBI). The acquisition will complement the existing cutting edge technology research being done in Moser Baer's R&D centre in India and help it to further consolidate its position in the optical media market. All IP created by OM&T will be transferred to Moser Baer.
Read the Business Standard article.
Showing posts with label OM and T. Show all posts
Showing posts with label OM and T. Show all posts
Tuesday, February 6, 2007
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