Nidec ASI is an Italian multinational company based in Milan, that designs and manufactures rotating electrical machines, Power electronics and industrial automation. It was founded in 2013 with the acquisition of Ansaldo Sistemi Industriali by Nidec Corporation. Working in electrical engineering, designs and manufactures of electric motors and generators, power electronics and control systems and automation for industrial applications, Nidec ASI was founded in 2012 when Nidec, a Japanese multinational corporation listed on the TYO: 6594 and NYSE: NJ, NJ and ON TOPIX 100 Component and Nikkei, acquired Ansaldo Sistemi Industriali (ASI). ASI, an industrial branch of the Ansaldo Group, was privatized in 2000. Its markets include petrochemical, energy, steel, marine and industrial automation.