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Fujitsu purchases U.S. defense technology company

JIJI

Fujitsu Ltd. has acquired GlobeRanger Corp., a Texas-based defense technology company, in the electronics maker’s foray into the U.S. defense and national security market.

GlobeRanger makes a U.S. Defense Department-adopted radio frequency identification system for managing information on weapons.

Fujitsu bought the company to eventually expand into the global defense market after the government’s easing of restrictions on Japan’s exports of weapons and related technologies in April.

In fiscal 2013, Fujitsu had transactions with the Defense Ministry worth about ¥40 billion. The company also undertakes defense-related business operations via subsidiaries in Britain and Australia.