Bourns acquires Komatsulite
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.”