Bourns Inc., Riverside CA, manufacturer of electronic components, has acquired all of the outstanding shares of Komatsulite Mfg. Co., Ltd and its subsidiaries. Headquartered in Osaka, Japan, Komatsulite is a leader in the field of safety devices for rechargeable lithium-ion batteries. Terms of the transaction were not disclosed.
“The acquisition of Komatsulite is a significant milestone in Bourns’ long term growth which adds highly complementary products consistent with our strategic roadmap,” says Gordon Bourns, chairman of the board and CEO of Bourns.
Komatsulite’s mini-breaker devices enable long battery life, high current draw and fast recharge, while providing an effective mechanism to protect against over-temperature conditions. Komatsulite also manufactures specialty connectors and a range of precision-molded components for electronics equipment. With four manufacturing facilities in Japan and one in China, Komatsulite generates in excess of $100-million in annual revenues.
According to Dr. Erik Meijer, president of Bourns Electronics, this acquisition provides the firm with an attractive offering of protectors combining bi-metal switches and thermistors. “New component technology introductions in the safety device arena are rare and we are very excited about adding Komatsulite’s mini-breaker products to our broad range of protection technologies,” says Dr. Meijer. “With over 30 years of market experience and a variety of innovative internally-developed and acquired products, Bourns is committed to supplying the best and most reliable electronic solutions to satisfy the diverse needs of our customers.”