Acquired Electronics360

Aerospace

TDK Acquires Tronics Microsystems to Expand Sensor Portfolio

01 August 2016

TDK Corporation’s EPCOS AG subsidiary has signed a tender offer to acquire European sensor manufacturer Tronics Microsystems SA, for 48.65 million Euros in a stock transaction.

The acquisition bolsters TDK’s offerings in cutting-edge sensor technologies, including temperature, pressure and magnetic/TMR-based2 sensor technologies. The integration of Tronics into TDK will open up opportunities in the promising growth markets for inertial sensors in industrial, automotive and consumer electronics, and thus enable TDK to substantially expand its sensor business and provide customers with a wide range of sensor solutions.

Founded in 1997 and headquartered in Crolles, with wafer fabs in Europe and the US and a representation in Asia, Tronics provides local support to customers on three continents and offers one of the broadest technology portfolios in the industry. Tronics’ services range from MEMS3 design to high-volume MEMS manufacturing.

“Tronics gives an immediate entry into the rapidly growing market for inertial sensors,” said Joachim Zichlarz, TDK senior vice president, corporate officer and CFO of Electronic Components Business Company and EPCOS chairman of the board, CEO and CFO, in a statement. “The acquisition of Tronics represents a logical next step in TDK’s strategy to expand its activities in the sensors area. Moreover TDK expects strong synergies with its own cutting-edge thin-film and assembly technologies.”



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