Murata to buy MEMS firm for $260 million
October 17, 2011 // EE Times
Japanese passives to power supplies giant Murata Manufacturing Co. Ltd., has announced it has agreed to buy VTI Technologies Oy (Vantaa, Finland) for about 20 billion yen (about 190 million euro or $260 million) in cash.
The deal is expected to close within six months, at which point VTI will become a wholly-owned subsidiary, Murata (Kyoto, Japan) said.
VTI, formed in 1991, is a privately held manufacturer of silicon-based capacitive 3-D MEMS sensors for automotive and medical applications. It produces a broad range of sensors covering acceleration, inclination, shock, vibration, angular velocity, and pressure. Murata said VTI is the world's leading manufacturer of low-G accelerometer for automotive and cardiac rhythm management systems. The company ownership is divided between private equity fund EQT and the management.
Murata said that VTI's strong presence in automotive and medical sensors complemented its own in sensors for consumer applications and that the acquisition would expand and strengthen its sensor business.
VTI had annual sales in the year to Dec. 31, 2010 of 76 million euro (about $100 million) and at that time employed about 600 people. Murata had annual sales of 618 billion yen (about $8 billion) in the year to March 31, 2011.
For further information: www.vti.fi, www.murata.com.
Benchmark Stresses Big Chips
February 28, 2015
The Embedded Microprocessor Benchmark Consortium (EEMBC), a trade group of 47 chip and system designers, released CoreMark-Pro. ...
Switch to LED lighting cuts cruising energy costs by 60 percent
Semitrex' ultimate goal: "one size fits all" power conversion
Porsche rainmaker advocates platooning
Radar-based sensor network helps drivers finding a parking spot
Xilinx flexes its muscles in the ADAS arena
February 26, 2015
With the latest generation of its Zync FPGA and microprocessor combination, Xilinx intends to address among other applications ...
The future of custom ASICs
Dual nanowire structure absorbs light efficiently
5 trends to watch at Mobile World Congress
- Software-Defined Radio Handbook
- A Four-Quadrant DC/DC Switching Regulator Smoothly Transitions from Positive to Negative Output Voltages for FPGA and Other Applications
- LED Driver with Integrated Spread Spectrum Reduces EMI without Adding Flicker
- Accelerate SDN and NFV with Off-the-Shelf Software
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
To ensure you have a good start in 2015, Freescale is giving away five of its QorIQ TWR-LS1021A Tower system modules, worth USD269 each, for EETimes Europe's readers to win.
The module is the most feature-rich and high-performance Tower system offered by Freescale, enabling compatibility and interoperability with the growing list of Tower expansion modules, offering an easily accessible...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.