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 Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at Follow @gthuang

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