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Electronics Production | February 01, 2012

Murata completes acquisition of VTI Tech Oy

Murata Manufacturing Co., Ltd. has completed the acquisition of VTI Technologies Oy.
Murata Electronics Europe B.V. , a full subsidiary of Murata Manufacturing Co., Ltd. made the acquisition it was announced yesterday. VTI Technologies is based in Finland and had 600 employees as of December 31 2010. The company had sales of 76 million euro (for the fiscal year ended December 31, 2010).

With the deal, Murata plans to strengthen and expand its business in the rapidly growing MEMS sensor market the company said in a release.

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