The newly established Macnica Ventures will seek out ICT and emerging technology startups to help extend its reach to markets and businesses.
Japan-based electronics manufacturer Macnica set up a corporate venturing unit dubbed Macnica Ventures yesterday that will invest in companies working on information and communications technology, and in emerging technology sectors.
The new unit will be based in Silicon Valley but will invest in early to late-stage companies across the world, focusing particularly on those that can help Macnica expand the range of areas in which it operates and creating new businesses for the company.
The corporate’s US subsidiary, Macnica Networks…
