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Product category: AC/DC Power Supplies
News Release from: Lambda
Edited by the Electronicstalk Editorial Team on 22 July 2005
TDK acquires Lambda
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Lambda, the global power supply specialist based in Ilfracombe, UK, has been acquired from Invensys by TDK Corporation of Japan in a deal worth $235 million.
Lambda, the global power supply specialist based in Ilfracombe, UK, has been acquired from Invensys by TDK Corporation of Japan in a deal worth $235 million (GBP 134 million) The agreement, which was signed on 19th July 2005 and is subject to regulatory approval, includes Lambda's entire North American and European operations, as well as Invensys' current 58.2% shareholding in Densei Lambda in Japan