Today�fs agreement represents a further step in Densei-Lambda�fs strategy of focusing on its core, growth businesses in power systems and follows the recently announced sale of machine tools and building appliances businesses which was completed on February 21st.
Closing of the transaction, subject to due diligence, conclusion of a definitive agreement and final board and regulatory approvals, is expected by the end of April.
Densei-Lambda�fs Auto ID business manufactures and sells bar code readers and IC card readers and writers.
We are pleased to announce this agreement with Nitsuko. Divestiture of non-core businesses enables us to consolidate our business resources, to implement our strategic goals and to build around our core business in power systems. We will continue to develop Densei-Lambda in order to create a profitable group that is well positioned for long-term growth.�h

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Headquartered in Tokyo, Densei-Lambda is the Asian hub of operations for Invensys Power Systems. Concentrating on its core power systems division, Densei-Lambda is a research and development center of excellence for DC-DC converters and switching power supply product development, manufacturing and purchasing. It also provides marketing, sales and service support for Invensys Power System�fs battery and uninterruptible power supply products.

Invensys Power Systems is the American-based world leader in secure power, energy storage, power conversion and telecom energy systems with 16,000 employees and $2.5 billion in sales. Invensys Power Systems is one of four divisions of Invensys plc, the $12 billion London-based leader in automation and controls.