DediProg and Minato Holdings Unveil Groundbreaking Capital and Business Alliance
Strategic Partnership Strengthens Device Programming Technology and Catalyzes Global Market Expansion.
[Taipei, Taiwan / Yokohama City, Japan]
In a transformative step set to redefine the semiconductor device programming and manufacturing landscape, DediProg Technology Co., Ltd. and Minato Holdings Inc. (“Minato”), listed on the Tokyo Stock Exchange Standard Market (TSE:6862), specializing in digital devices, digital engineering, and ICT products, proudly announce the establishment of a strategic Capital and Business Alliance.
The board of directors at Minato unveiled plans to acquire new shares through a third-party allotment issued by DediProg, underscoring their dedication to a collaborative global approach and signaling an expansion of market influence through business strategic alliance activities.
DediProg holds a commanding market presence in Taiwan, China, and North and Central America, globally renowned for its expertise in developing and manufacturing cutting-edge device programmers, auto handlers, and IC sockets for semiconductor devices. Both entities share the vision of the 'Digital Consortium Concept.' By entering into the alliance, DediProg and Minato Advanced Technologies Inc., a pivotal subsidiary of Minato, strategically align to establish a joint venture in Japan with the introduction and promotion of DediProg's premier products in Japan and to Japanese companies by leveraging Minato's robust networks, sales support, and technical cooperation framework.
In terms of acquisition specifics, Minato is set to acquire a 12% stake in DediProg, entailing voting rights and the dispatch of one director to DediProg. The DediProg-Minato alliance unlocks potential through strategic initiatives, strengthening device programming technology and enhancing product lineups in key regions, including Asia and North and Central America. Furthermore, Minato will resolutely commit to nurturing and elevating DediProg's corporate value, paving the way for a potential initial public offering (IPO).
Both companies exude confidence that this Capital and Business Alliance will not merely strengthen their market standings but also play a pivotal role in advancing the digital consortium's development and fostering the growth of the digital engineering sector.
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