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International Internet Company NAVER to Acquire Xerox Research Centre Europe; Grenoble research centre in artificial intelligence to become part of NAVER Corporation, Korea's leading Internet company

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Release date- 26062017 - SEONGNAM, South Korea and NORWALK, Conn - NAVER Corporation (035420: Korea SE ) and Xerox Corporation ( NYSE : XRX) today announced an agreement for NAVER to acquire the Xerox Research Centre Europe in Grenoble, France . The French Works Council's consultation on this project has now been completed and the agreement is expected to close in the third quarter, subject to fulfillment of certain customary conditions.

Mentions: Korea France Norwalk