Nidec Completes Acquisition of Emerson Electric Co.'s Motors & Controls Business and Announces Outline of Its New Subsidiarie

KYOTO, Japan, Sept. 30, 2010 (GLOBE NEWSWIRE) — Nidec Corporation (NYSE:NJ) (“Nidec” or “we”) today announced that it completed the acquisition of the Motors & Controls business of Emerson Electric Co. (the “Acquired Business”) on October 1, 2010 (September 30, 2010, U.S. time). As a result, the Acquired Business, now consisting of the foreign companies [...] http://bit.ly/c8R43U