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What is a sister company?

What is a sister company? Here are some definitions.

Noun
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Deltafina is the wholly owned subsidiary of Universal Corporation in Italy and hence the sister company of Taes.
Since 2002 I am logistics manager for IEH's  sister company Otto Kuhmann which has more than 230 employees.
Paprika, a sister company of Cassis, and The Phone House have both rented stores in the Wijnegem Shopping Center.
Finally, Piero Poli, from LABEL's sister company Linqia, conducted a presentation and discussion about the monetization of online conversations.
The EIU, a sister company of The Economist, ranked it the most liveable city in America.
The innovative 3D Photo ID? technology, provided by sister company Sagem Identification, features laser engraved three dimensional photo-images which are one of the most secure first-line security features available today.

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