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Article: Waytronx Acquires Privately Held Japanese Electronics/Distribution Conglomerate.
- Article from:
- China Weekly News
- Article date:
- July 21, 2009
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Waytronx, Inc. (OTC Bulletin Board: WYNX), the leading provider of openly licensable advanced systems cooling solutions, announced that, effective July 1, 2009, it has acquired Comex Instruments Ltd and 49% of Comex Electronics Ltd, along with the associated distribution network, both Japanese based providers of electronic components.
Effective immediately, Comex Instruments and its distribution network shall become CUI Japan Ltd, a wholly owned subsidiary of Waytronx. Kunio Yamagishi, Comex's current Managing Director, shall remain as Managing Director of the new entity, while Matthew McKenzie, Waytronx's Chief Operating Officer, will become the COO of CUI Japan ...