Product category: Electromechanical Components
News Release from: Omron Corp
Edited by the Electronicstalk Editorial Team on 2 August 2004
Acquisition expands automotive relay portfolio
Omron Corp has acquired the automotive relay division of Bitron Industrie of Italy
Under the terms of the agreement, effected 28th July at Bitron headquarters in Turin, Italy, Bitron will transfer its automotive relay division, division employees, manufacturing facility (less land and buildings), and European automotive relay sales rights to Omron. The agreement also creates an automotive relay joint venture company, Omron-Bitron Automotive Electronics, to be established in Alatri, Italy in October 2004.
Related stories
Omron sales leap up 17.5%
Omron's net sales rose 17.5% year-on-year, setting a new record for the second consecutive year
Semiconductor acquisition begins operations
Omron has finalised its acquisition of the semiconductor business assets of Seiko Epson's consolidated subsidiary Yasu Semiconductor Corporation
Omron will initially hold 75% of the new company, which will extend to a 100% Omron shareholding by March 2007.
There are two types of automotive relays - plug-in relays for large power current switches, and PCB relays directly mounted on the print circuit board - which are used throughout the automobile in applications such as headlights, turn signals and power switching for motors.
Omron automotive electronics UK and its German development unit, IMS Vision, produce a European lineup that mainly includes PCB type relays and related controllers and switches, whereas Bitron has production processes for plug-in type relays and modules.
Further reading
Antenna is ready for UWB consumer developments
Surface-mounting polymeric antenna is optimised for the WiMedia Alliance UWB BandGroup 1 (BG1 3.1-4.9GHz) frequency band
"The combined use of plug-in and PCB relays is increasing in the European market and elsewhere, and Omron hopes to integrate its resources with those of Bitron to expand sales across Europe, and later worldwide", said Takayuki Nakamura, Manager of the Omron Corporate Brand Communications Department in Tokyo.
"Bitron customers include many of the world's leading auto makers".
"Taken with industry leading plug-in relay technology, this acquisition will increasingly enhance Omron's automotive relay and components business in the years ahead".
Bitron, based in Turin, Italy, has eight factories within and four outside Italy.
Bitron presently ranks third in the SOM for plug-in type automotive relays, with a product lineup that includes micro ISO relays, mini ISO relays, grow plug relays and others.
Customers include major automotive makers and automotive electric component makers.
In addition to its relay business, to be acquired under the agreement by Omron, Bitron also manufactures and sells temperature switches for engines, panel switches and other applications, which will remain unaffected.
Request free introductory details about products from Omron Corp....
• Omron Corp: contact details and other news
• Email this article to a colleague
• Register for the free Electronicstalk email newsletter
• Electronicstalk Home Page
Related Business News
Tti, Inc. Announces The Closing Of...
...Its Acquisition By Berkshire Hathaway. Tti, Inc., the world's leading passive and connector specialist, announced today the closing of its acquisition by Berkshire Hathaway Inc.
Arrow Electronics Partners with Orion Electronics in Eastern Europe
The North American Components (NAC) business of Arrow Electronics, Inc. today announced it has established a manufacturing, logistics and supply chain partnership with Orion Electronics Ltd.
Arrow Electronics Announces Off-the-Shelf Development Kits for Industrial Applications
Melville, N.y., March 28 /PRNewswire-FirstCall/ -- The North American Components (NAC) business of Arrow Electronics, Inc. (NYSE: ARW) today announced it has entered into an agreement with Analog Devices, Inc.
Taiwan Shares Climb 0.9 Percent
Taiwan shares rose on Thursday as investors were cheered by U.S. stock gains overnight. The Weighted Price Index of the Taiwan Stock Exchange rose 49.39 points, or 0.9 percent, to close at 8061.28.
Acxiom Agrees to Be Acquired by...
...Silver Lake and ValueAct Capital for $3.0 Billion. Acxiom Corporation announced today that it has entered into a definitive agreement to be acquired by Silver Lake, the leading investment firm focused on large-scale investments in technology-driven growth industries, and ValueAct


