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A
Japanese term that describes a loose conglomeration of firms that
share one or more common denominators. Companies don't necessarily
need to own equity in each other.
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This
term has been in the news every now and then, especially when they
talk about Silicon Valley. One example would be the close relationship
between AOL and Sun Micro. The two firms don't have ownership in each
other but work closely on various projects. |
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Dictionary
