Hitachi Kokusai Electric Inc. has finalised an agreement to acquire 100% shareholding in the Brazilian broadcast transmitter manufacturer Linear Equipamentos Eletrônicos Eletrônicos S/A (“HKL”) via Hitachi Kokusai’s Brazilian subsidiary Hitachi Kokusai Brasil Produtos e Servicos Eletricos Ltd. The acquisition was made with the understanding that both companies will mutually develop the business going forward. Hitachi […]
Hitachi Kokusai Electric Inc. has finalised an agreement to acquire 100% shareholding in the Brazilian broadcast transmitter manufacturer Linear Equipamentos Eletrônicos Eletrônicos S/A (“HKL”) via Hitachi Kokusai’s Brazilian subsidiary Hitachi Kokusai Brasil Produtos e Servicos Eletricos Ltd.
The acquisition was made with the understanding that both companies will mutually develop the business going forward. Hitachi Kokusai Linear Equipamentos Eletrônicos S/A (“HKL”), a new company resulting from the acquisition will use both company’s strengths to expand their business in the broadcast transmitter market in Brazil, which is undergoing rapid economic growth.
Linear’s four current owners will continue to work with Hitachi Kokusai to develop the business.
Linear has technologies related to the design and manufacturing of both analogue and digital transmitters, and with a full product lineup, has a solid sales record in the Brazilian domestic market, according to the company.
Linear also aims to expand its business to other countries in South America and to Africa.
By supplementing Linear’s lineup with the digital technologies, design and manufacturing expertise, and reliability that Hitachi Kokusai has developed in the Japanese domestic market, the two companies will be able to supply broadcasters in Brazil and other countries with high-quality, competitively priced transmitters.
HKL aims to achieve the top share in the Brazilian digital broadcast transmitter market.In Brazil, some major events are scheduled to take place, including the 9th FIFA Confederations Cup in 2013, the FIFA World Cup Brazil in 2014, and the Summer Olympics scheduled to be held in Rio de Janeiro in 2016. HKL will supply the market with high value-added transmitters in a timely manner, while at the same time building a structure that can comprehensively supply cameras, digital microwave link, and other broadcasting equipment, claims the company.
HKL will also use Brazil as a base for global development in countries around the world where Japan’s terrestrial digital broadcasting standard is adopted.
