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16
April
2012

Murata to buy RF Monolithics

Murata Electronics North America has signed an agreement to acquire RF Monolithics for $1.78 per share.
The acquisition is expected to close in the third calendar quarter of 2012.

“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.
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