Murata closes purchase of VTI Technologies

KYOTO, JAPAN: Murata Manufacturing Co. Ltd has completed the acquisition of VTI Technologies Oy by Murata Electronics Europe B.V., a full subsidiary of Murata Manufacturing Co. Ltd on January 30th.

MEMS (Micro Electro Mechanical Systems), a core technology of VTI, is key for reducing device size, increasing accuracy and reliability, extending service life, increasing robustness, achieving lower prices, and reducing power consumption of electronic devices and the end equipment in which they are contained. The MEMS market is rapidly expanding, including in a wide range of industrial and consumer applications such as automotive, information and communications equipment, energy, life care, and biotechnology.

By taking advantage of the synergies that result from acquiring VTI's leading 3D MEMS sensor products to supplement its own product lines, Murata plans to strengthen and expand its business in the rapidly growing MEMS sensor market.

While Murata has a strong presence in the consumer applications market, VTI has focused on building a business base in automotive and medical applications. This acquisition will therefore enhance Murata's product development and sales abilities.