Acquisition value of YEN 200 Billion (approx. US$ 1.859 billion)
EPCOS becomes part of 100% owned subsidiary TDK-EPC Corporation
On July 31, 2008 TDK launched an offer to buy all outstanding shares of EPCOS, thus acquiring 100% of EPCOS.
Value of the acquisition transaction was on the order of YEN 200 Billion (approx. US$ 1.859 billion)
EPCOS was created in 1999 from Siemens-Matsushita Components, which was a joint venture between SIEMENS and Matsushita, created in 1989.
TDK-EPC Corporation is a 100% owned subsidiary of TDK Corporation, and was formed on October 1, 2009 following the acquisition of EPCOS by TDK.
The company combines the electronic components business of TDK with EPCOS AG and its subsidiaries.
The company has about 36,000 employees globally, and global sales are approx. EURO 1.8 Billion (in FY 2012).
Products are mainly passive electronic components, including:
- ceramic components
- EMC filters
- RF modules
- surface acoustic wave components (ASW filters)
- surge arresters
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