Sony to Sell Battery Business to Murata

Murata Manufacturing Co., Ltd. (“Murata”) and Sony Corporation (“Sony”) today announced that they have entered into a non-binding memorandum of understanding that confirms their intent to negotiate the transfer of the Sony Group’s battery business to the Murata Group (the “Transfer”). Following due diligence and negotiation of detailed terms and conditions of the Transfer, Murata…

Consortium Targets Tech for Smart Cities in North America

In conjunction with the 2015 Québec- France trade mission headed by Québec Premier  Philippe Couillard,  Saint-Hubert-based Varitron Technologies, Québec City-based EMM Groupe and French firm Sterela have signed a memorandum of understanding for joint North American market development of technologies and products for smart cities. Under this agreement, Varitron Technologies will manufacture and assemble components, EEM Groupe will manage…