Mitsubishi Electric to acquire remaining shares of ICONICS

Mitsubishi Electric Corporation announced it will acquire the remaining shares of ICONICS Inc., a U.S. SCADA/IoT/building-automation software company, making it a 100% subsidiary. The deal is subject to regulatory approval and expected to close within the fiscal year ending March 2020.

“Mitsubishi Electric Corporation announced that it will acquire the remaining shares of ICONICS Inc.”

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