DENSO has Acquired 72.1 percent of Pennsylvania-based Vehicle Diagnostics Company EASE Simulation, Inc.
October 2, 2014     Japanese 
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DENSO has Acquired 72.1 percent of Pennsylvania-based Vehicle Diagnostics Company EASE Simulation, Inc. - JCN Newswire
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DENSO has Acquired 72.1 percent of Pennsylvania-based Vehicle Diagnostics Company EASE Simulation, Inc.

Kariya, Japan, June 9, 2014 - (JCN Newswire) - Global automotive supplier DENSO has acquired 72.1 percent of EASE Simulation, Inc., to help accelerate research and development of its vehicle diagnostic and telematics business in North America. DENSO completed the transition of ownership of the Pennsylvania-based vehicle diagnostics and telematics company on June 4. The company founder, Stephen Golenski will continue to serve as president.

"Vehicles today are installed with many advanced electronic control systems, and it is necessary to diagnose those electronic systems in order to properly check and maintain the vehicles," said Haruya Maruyama, senior executive director overseeing DENSO's Sales Group. "EASE provides diagnostic service in North America, and with close collaboration we will work to expand vehicle diagnosis service within North America."

DENSO has developed and provided scan tools, PC software and vehicle diagnostic service using cloud server for advanced vehicle diagnostics. With the global technical tie-up with EASE , DENSO will work to accelerate the development of diagnostic technology and support the computerization of vehicles and contribute to the creation of an environmentally friendly and safe automotive society.

"The combination of DENSO's global reach and EASE Simulation's cutting edge vehicle diagnostic and telematics products is sure to lead to success and market expansion for both companies," said Stephen Golenski, president, chief operating officer and founder of EASE. "We're excited to partner with DENSO and look forward to becoming part of the extended family."

About Denso

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 130,000 people. Consolidated global sales for the fiscal year ending March 31, 2013, totaled US$38.1 billion. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
 


June 9, 2014
Source: Denso

Denso (TSE: 6902) (U.S: DNZOY)

From the Japan Corporate News Network
http://www.japancorp.net
Topic: Merger & Acquisition
View more news from these Sectors: Automobile Parts and Manufacturing, Automobile Technical


 
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