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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.
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Mitsubishi Electric has formed a joint venture with a Finnish specialist in 3D manufacturing simulations, Visual Components, to develop and sell 3D...
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.