Shibaura Seisakusho (芝浦製作所, Shibaura Engineering Works) was the new name given to the company Tanaka Seisakusho (Tanaka Engineering Works), after it was declared insolvent in 1893 and taken over by Mitsui Bank.[1]
In 1910, it formed a tie-up with GE USA, which, in exchange for technology acquired about a quarter of the shares of Shibaura. With this investment GE now had a stake in both Tokyo Denki and Shibaura Seisakusho - two companies that had a complementary line of products in light as well as heavy electrical equipment. Both companies were merged in 1939 to create Tokyo Shibaura Denki (Tokyo Shibaura Electric Company, now Toshiba). The relation with GE continued until the beginning of the war and, after the war, resumed in 1953 with GE's 24 percent shareholding. This percentage has, however, decreased substantially since then.[1]
Referencesedit
^ abOdagiri, Hiroyuki (1996). Technology and Industrial Development in Japan. Clarendon Press, Oxford. p. 159. ISBN0-19-828802-6.
shibaura, seisakusho, 芝浦製作所, shibaura, engineering, works, name, given, company, tanaka, seisakusho, tanaka, engineering, works, after, declared, insolvent, 1893, taken, over, mitsui, bank, 1910, formed, with, which, exchange, technology, acquired, about, quar. Shibaura Seisakusho 芝浦製作所 Shibaura Engineering Works was the new name given to the company Tanaka Seisakusho Tanaka Engineering Works after it was declared insolvent in 1893 and taken over by Mitsui Bank 1 In 1910 it formed a tie up with GE USA which in exchange for technology acquired about a quarter of the shares of Shibaura With this investment GE now had a stake in both Tokyo Denki and Shibaura Seisakusho two companies that had a complementary line of products in light as well as heavy electrical equipment Both companies were merged in 1939 to create Tokyo Shibaura Denki Tokyo Shibaura Electric Company now Toshiba The relation with GE continued until the beginning of the war and after the war resumed in 1953 with GE s 24 percent shareholding This percentage has however decreased substantially since then 1 References edit a b Odagiri Hiroyuki 1996 Technology and Industrial Development in Japan Clarendon Press Oxford p 159 ISBN 0 19 828802 6 nbsp Companies portal Retrieved from https en wikipedia org w index php title Shibaura Seisakusho amp oldid 1011152181, wikipedia, wiki, book, books, library,
