Nidec (NJ -0.5%) will buy Sanyo Electric's (SANYY.PK +0.2%) mini-precision motor business for a...

|About: Nidec Corporation (NJ)|By:, SA News Editor

Nidec (NJ -0.5%) will buy Sanyo Electric's (SANYY.PK +0.2%) mini-precision motor business for a reported $83M. Sanyo is being taken over by Panasonic (PC), and is shedding non-core lines to focus on green tech.