Minebea Co. Ltd. acquires full capital and assets of Paradox Engineering

The Japanese corporation Minebea Co. Ltd., the world’s leading comprehensive manufacturer of high-precision components, acquires full capital and assets of the Swiss technology company Paradox Engineering SA.

After joining Paradox Engineering as shareholder and major strategic partner at the beginning of 2014, Minebea has now moved to complete its investment to capitalize on the Swiss Company’s vision, know-how and technologies and accelerate the success of the Group in the Internet of Things (IoT) and Smart markets.

Paradox Engineering is entrusted to shape the Group vision and innovation strategy, and will act as extended R&D center developing cutting edge technologies enabling and transforming Minebea’s products to be full IoT ready.

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