EKE-Electronics Ltd. secures strategic investment from Mitsubishi Electric Corporation

EKE-Electronics Ltd., an Espoo, Finland-based developer of software and electronics for train systems, announced getting into an investment agreement with Mitsubishi Electric Corporation

Mitsubishi Electric Corporation will acquire 34% of EKE-Electronics’ shares from the EKE Group. In connection with the investment, EKE-Electronics and Mitsubishi Electric enter into a wide-ranging cooperation agreement

EKE-Electronics Ltd., part of the EKE Group and led by Marko Mäkinen, CEO, is an independent global supplier of intelligent train automation and management systemsThe company has operated in the railway business for over 30 years, executing complex projects across the world and currently focusing on Australia, Europe, and China.

The EKE Group is an international company with diversified business units. EKE-Electronics is one of three main divisions operating within the EKE Group. The two other business units are involved in the construction of residential areas and business premises and the leasing of business premises.