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[August 2009]

Murata Purchases Panasonic Electronic Devices' MLCC Business


Murata Manufacturing Company Ltd, a world-leading innovator in electronics and the largest global supplier of ceramic passive components, has just announced that it 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 Murata will acquire PEDs' technology, distributors and customers.

"PED is a respected supplier of MLCCs in the North American market and beyond so this purchase furthers Murata's goal of providing diverse, advanced and cost effective solutions," said John Denslinger, Executive Vice President for Sales & Marketing for Murata Electronics North America, a wholly owned subsidiary of Murata Manufacturing Co Ltd. "Combining Murata's technical leadership, cutting edge products and broad range of services with PED demonstrates that Murata continues to place a high value on customer satisfaction."

Murata will work cooperatively with PED to assure a smooth transfer of not only technology, distributors and customers but sales, patents and some facilities by January 2010.

Murata Electronics North America is a wholly owned subsidiary of Murata Manufacturing Co Ltd, whose global headquarters are in Kyoto, Japan. Established in 1944, Murata Manufacturing is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components and power supply modules. With annual revenues in excess of ¥524 billion, Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. Products include: RF and microwave front end filters, connectivity modules, sensors, ceramic chip antennas, GaAs switches and Switchplexers, baluns, couplers, isolators, coaxial connectors, RF test points, DC-DC converters, traps, discriminators, ceramic capacitors, EMI filters, inductors, piezoelectric alarms, ceramic resonators, trimming potentiometers, trimming capacitors and thermistors.

www.murata.com


ENDS




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