Hitachi and Mitsubishi Launch European Joint Venture
London -- Hitachi and Mitsubishi Electronics on Tuesday launched a joint venture called Renesas Technology Europe. The new company will focus on the design and manufacture of semiconductor system solutions for the mobile, network, and automotive industries, digital home electronics and industrial markets. Renesas Technology Europe will be headquartered in Maidenhead in the U.K., with major centers in Dusseldorf and Munich in Germany. Matthew Trowbridge, formerly executive general manager of Hitachi Europe's Electronic Components Group, has been appointed CEO of the new company.
http://uk.biz.yahoo.com/030401/183/dwq6m.html
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