Mitsubishi Electric and Visual Components form JV for 3D simulators
Mitsubishi Electric Corporation will partner with Visual Components headquartered in Espoo, Finland in a joint venture company, named ME Industrial Simulation Software Corporation, to develop and sell 3D simulators for manufacturing applications. Mitsubishi Electric and Visual Components will hold 70 percent and 30 percent stakes respectively in the company.
Source: etmm-online.com