(Bloomberg) -- Silchester International Investors, a London-based firm that has advocated for corporate change in Japan, disclosed it has taken a stake in Nikon Corp., pushing the shares up by the most in more than a decade.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBill
Aeva Technologies on Monday said that it has signed a deal to produce sensors for Nikon industrial machines that can scan objects like cars coming off an assembly line for microscopic defects. Mountain View, California-based Aeva develops what are called lidar sensors, which are often found on cars with driver-assistance features to help the vehicle get a three-dimensional view of the road. While Aeva is targeting the automotive market, its sensor can also be used in other applications that require three-dimensional scanning, and in 2021 the company said it was working with Nikon to improve the Japanese firm's industrial equipment.