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Murata Buys Panasonic Electronic Devices' MLCC Unit
August 6, 2009 |Estimated reading time: Less than a minute
SMYRNA, GA Murata Manufacturing Company Ltd., supplier of ceramic passive components, purchased the multilayer ceramic capacitor (MLCC) business from Panasonic Electronic Devices (PED). Murata will acquire PEDs' technology, distributors and customers, aiming to increase its international competitiveness in the MLCC market.
"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.
Murata will work cooperatively with PED for a smooth transfer of technology, distributors, customers, sales, patents, and some facilities by January 2010.
For more information on Murata Electronics North America, visit www.murata.com. Murata Electronics North America is a wholly owned subsidiary of Murata Manufacturing Co. Ltd., Kyoto, Japan.