Tag: Electric’s

Mitsubishi Electric Corporation (TOKYO: 6503) announced that Motum AB, a wholly owned Stockholm-based subsidiary, formally agreed to acquire Oslo-based UNIHEIS AS, which operates an elevator business in Norway as a distributor of Mitsubishi Electric products. Mitsubishi Electric and Mitsubishi Electric Building Solutions (MEBS), which is responsible for the Group’s building systems business, aim to expand the European market, where demand for maintenance and the renewal of elevators and escalators is expected to increase. Mitsubishi Electric identified the building systems business as a key growth areas in its medium-term growth plan, through 2025. MEBS, established in April 2022, is scaling up ... Read more

Mitsubishi Electric Corporation (TOKYO: 6503) announced that Motum AB, a wholly owned Stockholm-based subsidiary, formally agreed to acquire Oslo-based UNIHEIS AS, which operates an elevator business in Norway as a distributor of Mitsubishi Electric products. Mitsubishi Electric and Mitsubishi Electric Building Solutions (MEBS), which is responsible for the Group’s building systems business, aim to expand the European market, where demand for maintenance and the renewal of elevators and escalators is expected to increase. Mitsubishi Electric identified the building systems business as a key growth areas in its medium-term growth plan, through 2025. MEBS, established in April 2022, is scaling up ... Read more

Developer of advanced quantum-computing software that customers can use without special expertise TOKYO – WEBWIRE – Thursday, May 12, 2022 Mitsubishi Electric Corporation (TOKYO: 6503) announced that its ME Innovation Fund has invested in QunaSys, Inc., a leading Japanese startup that has gathered diverse research scientists to develop innovative algorithms that maximize the potential of quantum computing, including through applications that can be used without special expertise. QunaSys’s active involvement in quantum-computing research and development includes management of the QPARC industry consortium to help partners learn about quantum computers. Through the investment, QunaSys aims to apply its research ... Read more