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VTI Technologies Acquired by Murata Manufacturing

October 12, 2011

EQT III, the current owner of VTI Technologies Oy, has agreed to sell VTI to the publicly listed Japanese electronic components company Murata Manufacturing Co., Ltd. VTI Technologies Oy is a leading supplier of acceleration, inclination and angular motion sensor solutions for transportation, medical, instrument and consumer electronics applications. After the completion of the transaction VTI will become a fully owned subsidiary of Murata Manufacturing.

“We believe VTI and Murata have a strong strategic fit and are excited about the opportunity of combining VTI’s product development and manufacturing competence with Murata’s well-built customer base and technological know-how”, says Markku Hirvonen, President and CEO of VTI.

Read more: http://www.vti.fi/

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