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1Repair Windows errors before they cause bigger problems2Scan for outdated or missing drivers - takes under a minute3Clear out junk files and repair common Windows errorsMurata completed its acquisition of Finnish sensor maker VTI Technologies Oy on January 30, 2012; the company adopted the name Murata Electronics Oy on May 25 of that year. Those were separate milestones: the first marked completion of the takeover, while the second made VTI’s integration into Murata visible through a new company name and identity.
When did Murata acquire VTI Technologies?
Murata announced on October 11, 2011, that it had agreed with VTI Technologies Oy’s shareholders to buy all outstanding shares. The proposed transaction was subject to applicable approvals and other conditions, and Murata expected it to close within six months. Murata’s agreement announcement
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Murata later said the acquisition was completed on January 30, 2012, local time, by Murata Electronics Europe B.V., its wholly owned subsidiary. Murata published that completion announcement on January 31, 2012. The completion date, rather than the announcement date, is the date the takeover was finalized. Murata’s completion announcement
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What did VTI Technologies make?
Murata described VTI as a Finnish company established in 1991 that developed and manufactured silicon-based capacitive sensors using proprietary three-dimensional MEMS technology. Its products measured acceleration, inclination, shock, vibration, angular velocity and pressure, with applications including automotive and medical equipment. Murata’s 2011 announcement
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In a 2012 exhibition announcement, Murata identified VTI product categories including acceleration sensors, gyro/accelerometer combination sensors and pressure sensors. Murata’s 2012 exhibition announcement
Why did Murata buy VTI?
Murata said VTI’s MEMS sensor products and expertise would complement its own portfolio and help it expand its MEMS sensor business. It presented VTI’s focus on automotive and medical applications as a complement to Murata’s stronger presence in consumer applications. These were Murata’s stated strategic reasons for the acquisition, not evidence on their own of a particular financial or market outcome. Murata’s completion announcement
When did VTI become Murata Electronics Oy?
VTI Technologies Oy changed its name to Murata Electronics Oy on May 25, 2012, and adopted Murata’s visual identity. Murata said the rebrand was intended to make the company’s integration into the group visible and strengthen the Murata brand. Its announcement described the new company website as presenting MEMS accelerometers, inclinometers, gyroscopes and sensor dies. Murata’s name-change announcement
“Today is a memorable day: VTI Technologies Oy has become Murata Electronics Oy. The change of company name and visual identity clearly and strongly highlights the fact that this company is now an integral part of Murata,”
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— Murata President Tsuneo Murata, May 25, 2012
That is the documented historical name change; the available announcements do not establish the company’s current legal registration or operating status.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What was the reported acquisition price?
Murata Manufacturing’s 2014 annual report reported an acquisition price of ¥18,533 million for VTI Technologies Oy, in its discussion of the VTI acquisition during fiscal year 2012. Murata Manufacturing’s annual reports
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