comment on this article

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


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...

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.

Related Articles

Now, it's personal

The twin thrusts of adding more functionality to products whilst reducing their ...

Flexible PCBs

Beta LAYOUT has introduced a manufacturing service which offers the production ...

MENE 2015

Manufacturing & Engineering North East is a completely new type of event aimed ...

Circuit protection

Circuit protection is designed as an intentional weak link which can combat ...

ESD protection

Ask any financial planner for retirement savings advice and the first answer ...

A question of trust

"Our technologies are driving the new era of intelligent connectivity and ...

A focus on quality

This time last year Smiths Group was celebrating 100 years as a listed company ...