Murata Completes the Purchase of VTI Technologies

Kyoto, Japan, January 31, 2012 - Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) announced it has completed the acquisition of VTI Technologies Oy (Head office: Vantaa, Finland, hereinafter “VTI”) by Murata Electronics Europe B.V., a full subsidiary of Murata Manufacturing Co., Ltd. on January 30, 2012.

Future Management Policies
MEMS (Micro Electro Mechanical Systems), a core technology of VTI, is key for reducing device size, increasing accuracy and reliability, extending service life, increasing product 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 in a wide range of industrial, consumer, automotive, information and communications equipment, energy, life care, and biotechnology applications.

By taking advantage of the synergies that result from acquiring VTI’s leading 3D MEMS sensor products which 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 the automotive and medical applications. This acquisition will therefore enhance Murata’s product development and sales abilities.

Comment of Tsuneo Murata, President of Murata Manufacturing Co., Ltd.
“VTI has an exceptionally sophisticated line of sensor products, and we aim to make use of the synergies between our two companies in order to lay a foundation for sustainable growth in the future.”

Corporate Overview of VTI Technologies

Corporate overview of Murata Electronics Europe B.V.