MOD Opens Japan Subsidiary

Seattle-based MOD Systems, a maker of digital media delivery technologies for retailers, announced today it has opened a subsidiary in Tokyo. MOD Systems Japan will work with the company’s strategic investors, Toshiba and NCR, to drive business development in Japan. MOD raised $35 million from its investors in September, in a deal that has come under scrutiny in an ongoing lawsuit against MOD and its top executives.

Gregory T. Huang is Xconomy's Editor in Chief. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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