DES PLAINES, Illinois, August 25, 1999 - Littelfuse, Inc. (NASDAQ/NMS:LFUS) today announced it has signed a definitive agreement to purchase the Suppression Products Group of the Harris Corporation (NYSE:HRS). この取引の条件は公表されていません。
The Suppression Products Group, formerly part of Harris's Semiconductor Sector, had global sales of approximately $38 million for the 12 months ended July 2, 1999. The Suppression Products Group manufactures and markets a broad line of transient voltage suppression devices that provide circuit protection for products in numerous markets including consumer, computer, telecommunications, automotive, office equipment, industrial and power transmission. The acquisition includes a manufacturing facility in Dundalk, Ireland.
"This business is an excellent strategic fit for Littelfuse," said Howard B. Witt, Chairman, President and Chief Executive Officer. "The acquired products are complementary to our existing overcurrent offering and, along with our recently introduced electrostatic discharge line, establish Littelfuse as a significant player in the overvoltage protection market. We are pleased to be acquiring both a technological leader in the overvoltage market and a strong management team."
Witt estimated that with this new line of products, Littelfuse will now be able to address a $400-500 million segment of the over $1 billion overvoltage protection market.
"This is a significant step in our strategy to broaden our circuit protection business. Adding the Suppression Products Group's metal oxide varistor, multi-layer varistor and silicon-based protection technology platforms further strengthens our position as the leading supplier of circuit protection solutions and devices in the industry. It also enables us to further expand this product line by developing more advanced circuit protection products and solutions utilizing the technologies of both companies," Witt said.
"Today's systems and equipment increasingly rely on electrical and electronic devices for their successful operation, resulting in a growing demand for devices that protect sensitive circuitry from electrical transients and over-stress. The addition of these transient voltage technologies provides growth opportunities for Littelfuse's electronic and automotive businesses and enables us to offer our customers the most comprehensive line of circuit protection devices in the market," said William S. Barron, Vice President, Sales and Marketing. "Because of the common customer base of Littelfuse and the Harris Suppression Products Group, the addition of these new overvoltage products will position Littelfuse as a single source for our customers' circuit protection needs."
リテルヒューズ会社案内 1927年に創立した Littelfuse, Inc. は、業界で最も豊富な回路保護関連製品およびソリューションのバリエーションを提供する、回路保護分野の世界的大手企業です。リテルヒューズの機器は民生用電子機器から自動車、工業機材にいたるまで、実質的にあらゆる市場の電力製品を保護します。イリノイ州シカゴに構える本社のほか、南北米大陸、ヨーロッパ、アジアでセールス、販売、製造、エンジニアリング施設など 20 ヶ所以上のロケーションを有しています。リテルヒューズが提供するテクノロジーには、ヒューズ、ガスアレスター (GDT)、正温度係数機器 (PTC)、保護リレー、PulseGuard® ESD サプレッサ、交流用シリコンダイオード機器、TVS ダイオードアレイ（SPA™ 製品群）、スイッチングサイリスタ、TVS ダイオード、バリスタなどが挙げられます。また、商用車や特殊車両の電気機械、電子機器用スイッチおよび制御装置、そして地下配電センターなどの高信頼性製品の総合的なラインナップも展開しています。
詳細については弊社ウェブサイト www.littelfuse.com をご覧ください。
LFUS-A
1995年私募証券訴訟改革法の「セーフハーバー」条項。本文に記載された将来の見通しに関する記述には、製品需要および市場の受け入れ、経済状況の影響、製品および価格の競争による影響、製品開発および特許権の保護、商業化や技術面における問題、生産能力や供給上の制約および困難、為替相場変動、契約下での実際の販売、リテルヒューズの会計方針に関連する影響、ならびにリテルヒューズの証券取引委員会に対する申告に説明されるその他のリスクを含み、またそれらに限定されないリスクおよび不確実性が伴います。