31 January 2012 Murata acquires VTI, strengthens position in MEMS sensor market Murata acquires VTI, strengthens position in MEMS sensor market Murata Manufacturing has completed an acquisition of VTI Technologies, a supplier of acceleration, inclination and angular motion sensor solutions for transportation, medical, instrument and consumer electronics applications. The transaction, which was completed 30 January 2012, means VTI is now a fully owned subsidiary of Murata. According to Murata's president, Tsuneo Murata, the acquisition will enable the company to add VTI's 3D MEMS products to its existing sensor product line up and strengthen its position in the MEMS sensor market. "The integration of VTI into Murata will progress gradually during the coming year," said Murata. "Our aim is to combine the best practices of both companies in order to offer our customers even better service than before." Under the deal, VTI will continue to manufacture and further develop MEMS sensors for the automotive and medical markets, but Murata aims to expand these devices to the consumer electronics market. Marku Hirvonen, president and ceo of VTI, added: "VTI and Murata have a strong strategic fit and we are excited about the opportunity of combining VTI's product development and manufacturing competence with Murata's well built customer base and technological know how." Author Chris Shaw Comment on this article Websites http://www.murata.comhttp://www.vtitechnologies.com Companies Murata Electronics (UK) LtdVTI Technologies Oy This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. Enjoy this story? People who read this article also read... Claire Jeffreys, NEW Claire Jeffreys, events director, National Electronics Week, ... Read Article Southern Manufacturing This year, Southern Manufacturing and Electronics is set to be ... Read Article Arrow buys Nu Horizons Arrow is buying Nu Horizons in an all cash deal which values the ... Read Article NIDays 2013 NIDays is a technical conference designed specifically for ... Read Article What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.