Murata to Acquire RF Monolithics, Inc.

Murata Manufacturing Co., Ltd. supplies passive electronic components.

Murata announced on April 14, 2012 that Murata Electronics North America, Inc., will acquire RF Monolithics, Inc. for cash. RF Monolithics (NASDAQ:RFMI) common shareholders are expected to receive $1.78 per share.

Murata’s strategy in acquiring RF monolithics is to leverage its entries (and wireless expertise) into healthcare, energy and industrial markets. The combined expertise should allow Murata to offer more valuable solutions to wireless customers globally.

Murata is a trademark of Murata Manufacturing Co., Ltd.  RF Monolithics is a trademark of RF Monolithics, Inc.

Related articles:

Murata Webpage

RF Monolithics Webpage