RF Monolithics to be acquired by Murata Electronics North America
April 16, 2012 // Jean-Pierre Joosting
RF Monolithics, Inc., (RFM), a leader in machine-to-machine (M2M) wireless communications, announced that it has entered into a definitive agreement to be acquired by Murata Electronics North America, Inc., for $1.78 per share to holders of RFM common shares, representing an 80% premium over the Nasdaq closing price as of April 12, 2012.
The acquisition is expected to close in the third calendar quarter of 2012. Murata Electronics North America’s parent company, Murata Manufacturing Co., Ltd., (Murata Manufacturing), is the world’s leading supplier of passive electronic components.
Farlin Halsey, President and CEO of RFM, stated, “We believe that the transaction with Murata Electronics North America offers a substantial premium to our stockholders. There is a natural fit between our two companies and we believe it was a significant factor in our outside directors’ ability to attain a favorable price for our stockholders.”
“RFM is very proud of its heritage. We owe our success to our talented and dedicated team at all levels. On behalf of management and RFM’s Board of Directors, I would like to thank all our dedicated employees for their hard work,” concluded Mr. Halsey.
“RFM’s proven success in developing business in the healthcare, energy and industrial markets complements Murata’s growth strategy. Additionally, leveraging RFM’s expertise in design and development of production-ready RF modules, SAW based and RFIC short-range radios, stand-alone radio systems and platforms for M2M applications will enable Murata to increase the value of the wireless module solutions delivered to Murata’s existing and future customers in the global marketplace,” said David M. Kirk, President and CEO of Murata Electronics North America, Inc., the Regional Headquarters of Murata Americas.
The transaction is subject to customary closing conditions, including shareholder and regulatory approvals.
Liquide batteries could make renewables more competitive
September 23, 2014
Researchers at MIT are claiming to have improved a proposed liquid battery system that could enable renewable energy sources ...
Privacy gains traction with secure messaging apps
Startup's piezoelectric MEMS mics may take over
Ground is a cruel joke
Polymer solar cell boosts power generation by 15 percent
What Apple stuffed inside iPhone 6 plus
September 22, 2014
Love it or hate it, there's no question that Apple's iPhone line is popular, and while the numbers haven't officially been ...
Nuclear spins shown to control current in LED
ESCATEC expands LED and micro manufacturing facilities
Trillions of sensors ahead - with interesting side effects
- Putting FPGAs to Work in Software Radio Systems Handbook
- Flexible and Low Power Driving of Solenoid Coils
- How to Protect & Monetize Android Apps
- Power Modules: The New Super Power
InterviewCEO interview: AMS' Laney on driving a sensor-driven business
Kirk Laney, CEO of Austrian mixed-signal chip and sensor company AMS, wants to leverage the opportunity that technology affords to create new markets for sensors and sensor interfaces.
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
This month, Trinamic Motion Control is offering you to win one of four TMCM-1043 development kits for its highly integrated, NEMA 17-compatible TMCM-1043 stepDancer stepper motor module.
Offering designers an easy-to-use PC-based GUI that allows one-click modification of motor drive current, micro-stepping and other key parameters, the intuitive kits are custom designed and developed for...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.