Taiwan IPC maker Axiontek sells subsidiary to Elektrophoenix

Taiwan-based industrial PC (IPC) maker Axiontek has announced a plan to sell its network product subsidiary Etherwan Systems to Germany-based Elektrophoenix, a subsidiary of Phoenix Contact. The transaction amount will be NT$1.01 billion (US$32.97 million), or NT$94.50 per share.

from DIGITIMES: IT news from Asia http://ift.tt/2onMubf
via Yuichun