Fujitsu is a Japanese multinational information technology equipment and services company headquartered in Tokyo, Japan. It was established in 1935 as Fuji Telecommunications Equipment Manufacturing and changed its name to Fujitsu in 1967. As of 2009, Fujitsu has over 185,000 employees worldwide, operates in 70 countries, and has annual revenue of $46.7 billion. However, the company posted significant losses in the early 1990s but has since recovered and is currently looking to grow operations overseas through potential acquisitions.