Nidec Acquires driveXpert GmbH and Announces Outline of New Subsidiary
2017年12月1日 - 8:30AM
Nidec Corporation (TSE:6594) (OTC US:NJDCY) (the “Company” or
“Nidec”) has announced today that it acquired a 100% of the shares
of driveXpert GmbH (“driveXpert”) specialized in design and
development of hardware and software for automotive Electronic
Control Unit (ECU) from its shareholders on November 30, 2017,
local time (the “Transaction”) through the Company’s subsidiary,
Nidec Motors & Actuators (Germany) GmbH. As a result of the
Transaction, driveXpert GmbH became a consolidated subsidiary of
Nidec.
1. Purpose and
Background of the Transaction
Nidec places importance on the market for
automotive ECUs and electric motors, which is expected to grow to
the extent of doubling from 2.8 trillion yen in 2016 to 6 trillion
yen by 2030 as electrification of in-vehicle parts accelerates.
Today, the Company supplies high-performance brushless DC motors to
a variety of automotive applications such as electric power
steering systems, engine cooling fans, electric oil/water pumps,
etc.
driveXpert has the high technical capability in
designing ECUs for foregoing applications. The Transaction will
enable the combination of Nidec’s high-performance motors and
driveXpert’s high precision ECUs. Given today’s automotive industry
moving fast toward EV/PHV platform, the industry is putting a
growing premium on hardware and software design that achieves
unprecedented levels of safety, environmental performance and
driving comfort.
Also, driveXpert is located near the Ilmenau
University of Technology and engaged in high-level electrical
engineering research and education. It currently conducts joint
research with the university and accepts interns and graduates.
Nidec and driveXpert will work in tandem to nurture engineering
talents through hands-on education, adding new competitive edge to
Nidec group’s European automotive components business.
2. Information on Nidec Motors &
Actuators (Germany) GmbH
(1 |
) |
Company Name: |
Nidec
Motors & Actuators (Germany) GmbH |
(2 |
) |
Headquarters: |
Bietigheim-Bissingen, Germany |
(3 |
) |
CEO: |
Olav
Schulte |
(4 |
) |
Principal Business: |
R&D,
manufacturing, and sale of automotive motors for engine cooling,
anti-lock braking system, steering column adjustment, seat
adjustment, air suspension compressor, sunroof, and automatic trunk
open/close |
3. Information on
driveXpert
(1 |
) |
Company Name: |
driveXpert GmbH |
(2 |
) |
Headquarters: |
Ilmenau,
Thuringia, Germany |
(3 |
) |
Foundation: |
2010 |
(4 |
) |
Principal Business: |
Development and design of automotive ECU hardware and software |
(5 |
) |
Capital |
€25,000 |
(6 |
) |
CEO: |
Michael
Löffler |
(7 |
) |
Employees: |
23 (as of
November 2017) |
(8 |
) |
Sales: |
€1.2
million (for the fiscal year ended December 31, 2016) |
4. Information on
Transaction
5. Effect on Financial Performance
for the Current Fiscal Year
The Transaction is expected to have no significant
impact on the Company’s consolidated financial performance for the
fiscal year ending March 31, 2018. The Company will make additional
disclosure on a timely basis in accordance with the rules of the
Tokyo Stock Exchange upon determination of further details.
Cautionary Statement Concerning
Forward-Looking Information
This press release contains forward-looking
statements regarding the intent, belief, strategy, plans or
expectations of the Nidec Group or other parties. Such
forward-looking statements are not guarantees of future performance
or events and involve risks and uncertainties. Actual results may
differ materially from those described in such forward-looking
statements as a result of various factors, including, but not
limited to, the risks to successfully integrating the acquired
business with the Nidec Group, the anticipated benefits of the
planned transaction not being realized, changes in general economic
conditions, shifts in technology or user preferences for particular
technologies, other risks relating to changes in business and
regulatory environments. The Nidec Group does not undertake any
obligation to update the forward-looking statements contained
herein or the reasons why actual results could differ from those
projected in the forward-looking statements except as may be
required by law.
Contact:Masahiro NagayasuGeneral ManagerInvestor
Relations+81-75-935-6140ir@nidec.com