Fujitsu sells ¥247bn of Fanuc, Advantest to pay down debt

25 Feb 2005

Fujitsu, the Japanese IT to telecoms group, this week raised ¥247bn ($2.35bn) of gross proceeds by selling stock in Fanuc and Advantest.

Fanuc is an engineering systems and robotics group spun out of Fujitsu in the 1970s, and Advantest is the world's biggest maker of ...

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