To ensure the continuity of business, Argox will continue its operations as an independent entity, reporting to Sato Holdings Corporation.
Going forward, Sato and Argox will leverage strategic benefits from each other such as cooperative relationships in product development and reduction in developmental costs.
The current management of Argox will remain in place and as mentioned both companies plan to operate independently with a ‘strategically complimentary relationship’ to ensure that both companies take full advantage of their strengths.
Source: Sato
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