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Mitsubishi Electric and Visual Components Form JV for 3D Simulators

TOKYO, November 01, 2023 Mitsubishi Electric Corporation (TOKYO:6503) announced today that it 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% and 30% stakes respectively in the company, which will begin operating on November 1. ....

Takeyoshi Komatsu , Mitsubishi Electric Corporation , Factory Automation Systems Group , Mitsubishi Electric , Product Marketing Group , Me Industrial Simulation Software Corporation , Fa Digital Engineering Department , Public Relations Division , Visual Components , Simulation Software Corporation , Visual Component , Ndustrial Simulation Software Corporation , Visual Components , Manufacturing Applications ,