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Hitachi Acquires Helix-backed Hi-Rel Electronics

Wednesday, October 5, 2011 | More »

Japanese conglomerate Hitachi Ltd has acquired Gandhinagar-based Hi-Rel Electronics Pvt Ltd, a power electronics company backed by the private equity firm Helix Investments Advisors, for an undisclosed sum. Hi-Rel will now be renamed Hitachi Hi-Rel Power Electronics Pvt Ltd. In June this year, VCCir...