AVX Enters into a Definitive Agreement to Acquire American

MYRTLE BEACH, S.C.—AVX Corporation announced that it has signed a definitive agreement to acquire American Technical Ceramics Corp. John Gilbertson, President and Chief Executive Officer of AVX Corporation, stated, “The addition of ATC further broadens AVX’s offering in high reliability products. ATC is a premier brand that we are proud to add to the advanced products group of AVX. They are well recognized for their leadership in the area of high frequency applications for a broad range of commercial and military applications. No finer brand name exists in many of those markets today. The combination of AVX and ATC offers exciting growth potential for the years ahead.”

Companies Who Reviewed This Article Also Reviewed: (1) Value-Added & Application Specific Ceramic Capacitors (High Voltage, High Frequency and High Temperature): World Markets, Technologies & Opportunities: 2005-2010