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Vishay buys Capella for $205m

Looking to strengthen its optical sensor business, Vishay Intertechnology has agreed to buy Taiwan's Capella Microsystems for $205million.

"We are excited to announce this deal with Capella, a leading IC design company for optical sensors," said Marc Zandman, Vishay's executive chairman and chief business development officer. "Capella's strong market position for optical sensors complements Vishay's current capabilities in this field very well. The acquisition fits perfectly our strategy of supplementing our organic growth plan through targeted specialty acquisitions."

The deal is expected to close early next year. Vishay says it will enhance its optoelectronics product line to include ambient light sensors, optical encoders, proximity sensors and gesture sensors.

Author
Laura Hopperton

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Looks like they're on an acquisition spree. They only agreed to buy Holy Stone Polytech last month.

Like the new website by the way!


Posted by: Andy Davies, 15/07/2014

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