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Sony Semiconductor Solutions Acquires Network Virtualization Technology Developer Mido Holdings Ltd.

Tokyo, Japan - Sony Semiconductor Solutions Corporation today announced that it has acquired the network virtualization technology developer Mido Holdings Ltd. by signing a share transfer agreement with the shareholders of Mido Holdings and completing the transfer of shares. Consequently, Mido Holdings has become a wholly-owned subsidiary of Sony Semiconductor Solutions.

Conference room lender to buy Regus' Japan office space business
Japan's leading provider of conference rooms is paying approximately 50 billion yen ($446 million) to jump into the shared office market, an intensely competitive industry now that venture capital companies like SoftBank Group are putting billions of dollars into startups like WeWork of the U.S.