Murata Acquires Panasonic's MLCC Business (posted 9/2/09)
Murata Manufacturing Co., Ltd. has purchased the multilayer ceramic capacitor (MLCC) business from Panasonic Electronic Devices (PED). Murata plans to increase its international competitiveness in the MLCC market through the acquisition of PEDs’ technology, distributors and customers.
“PED is a respected supplier of MLCCs in the North American market and beyond, so this purchase furthers Murata’s goal of providing diverse, advanced and cost-effective solutions,” said John Denslinger, executive vice president for sales and marketing for Murata Electronics North America, a wholly owned subsidiary of Murata Manufacturing Co., Ltd. “Combining Murata’s technical leadership, cutting-edge products and broad range of services with PED demonstrates that Murata continues to place a high value on customer satisfaction.”
Murata will work cooperatively with PED to assure a smooth transfer of not only technology, distributors and customers, but sales, patents and some facilities by January 2010. Visit www.murata.com for additional information.