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.
