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Epson makes software development company Avasys Corporation a subsidiary

Epson Corporation has announced it has acquired a majority stake in software development company Avasys Corporation, and that the latter had as a result become a subsidiary company.

Avasys has capability and expertise in areas such as developing embedded software for information-related and industrial equipment, and in creating cloud-based applications. Since Epson first took an equity stake in 1990, Avasys has fulfilled its role as a business partner by contributing to the overall competitiveness of Epson products by developing embedded software for printers.