Hoofddorp, Netherlands — Murata Manufacturing Company has purchased the multilayer ceramic capacitor (MLCC) business from Panasonic Electronic Devices (PED). This acquisition increases Murata’s international competitiveness in the MLCC market as PED's technology, distribution partners and customers will be transferred to Murata.
Terry Churcher, President of Murata Electronics Europe comments, “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.”
According to the company, as global competition becomes increasingly fierce in the MLCC industry, it is important to enhance technological strength and cost competitiveness, as well as to provide internationally competitive products. 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.