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Electronics Production | July 21, 2005

TDK acquires business from Invensys

Japan-based TDK has agreed to acquire the Lambda Power Division from London-based Invensys.

The purchase price for the power supplying business landed on $235 million. The Lambda Power Division is considered as a leader within the power supplying industry and reached sales figures of $437 million the last fiscal year which ended in March.
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