Murata acquires Panasonic MLCC business
20 October 2009
Murata Manufacturing Company has purchased the multilayer ceramic capacitor (MLCC) business from Panasonic Electronic Devices (PED).
"PED is a respected supplier of MLCCs in the European market and beyond so this purchase furthers Murata's goal of providing diverse, advanced and cost effective solutions," said Terry Churcher, President of Murata Electronics Europe.
"Combining Murata's technical leadership, cutting edge products and broad range of services with
PED offers customers the opportunity to reduce their costs by rationalising their supply base and
demonstrates that Murata continues to place a high value on customer satisfaction."
With this acquisition, Murata aims to strengthen its offering by providing products that accommodate diversifying customer needs. The two companies will work together to
ensure a smooth transfer of not only technology, distributors and customers but sales, patents and some facilities by January 2010.
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