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TELI, Coreco ink supply, joint development pact

Posted: 29 Sep 2003 ?? ?Print Version ?Bookmark and Share

Keywords:tokyo electronic? teli? coreco? smart camera? sensor technology?

Tokyo Electronic Ind. Co. Ltd (TELI), a subsidiary of Toshiba Corp., has signed a multi-year strategic agreement with Coreco Inc., in which the latter will supply its smart camera technology to TELI.

Under this exclusive supply agreement, which relates to the smart vision appliances developed by Coreco's Intelligent Products Group, Coreco's products will be customized with TELI's sensor technology to meet TELI's specific market requirements.

Introduction of the combined product is scheduled to take place in December of this year in Japan. Marketing and sales will be carried out through TELI's international sales global distribution network that includes more than thirty distributors in Japan, Europe, North America, and Asia.

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