KYOCERA to Acquire 100% Ownership of Optical Component Manufacturer Melles Griot KK
August 01 2016 - 8:04AM
Business Wire
Aiming to strengthen product lineup and expand
business by maximizing synergies
Kyocera Corporation (NYSE:KYO)(TOKYO:6971) announced that it
will acquire all shares in Melles Griot KK — a Japan-based
manufacturer specializing in optical components which is currently
a subsidiary of U.S.-based IDEX Corporation — in order to further
expand its optical components business. Melles Griot KK is expected
to become a wholly owned Kyocera Group company effective on
September 1, 2016.
Background
Kyocera Optec Co., Ltd., a subsidiary of Kyocera Corporation, is
a leading optical components provider focusing on development,
production and sales of optical lenses and devices for the growing
automotive market as well as for the factory automation (FA) and
medical markets.
Particularly in the FA market, it is expected that efforts to
further streamline and automize production processes will intensify
worldwide. Moreover, demand is expected to grow for optical
components which are incorporated into production equipment such as
“machine vision” and “robot vision” that help image-recognition,
positioning, measurement, and product inspection.
Melles Griot KK possesses development and manufacturing
technology for large caliber lenses and high precision lenses used
in FA devices. The Kyocera Group aims to strengthen its product
lineup and expand its optical component business by maximizing
synergies between the companies.
Main Objectives
- Strengthen product lineup and expand
sales network for the FA device marketKyocera will increase its
product lineup by developing new products through the synergy
created from the companies’ technologies; while also expanding its
global sales network by using the well-established customer base of
Melles Griot KK.
- Expand sales in the semiconductor
processing equipment marketIn the semiconductor processing
equipment market, Melles Griot KK’s products are used in the
front-end processes, while Kyocera Optec provides products for the
back-end processes. By combining the two companies’ strengths,
Kyocera will be able to offer products covering the whole
manufacturing process.
About Melles Griot KK
Company name: Melles Griot KK Established: 1959
Headquarters: Tokigawa-machi, Hiki-gun, Saitama Prefecture, Japan
Main business: Manufacturing and sales of optical components &
optical measuring instruments Capital: JPY485 million (USD4.75
million*) Employees: 54 (as of July 31, 2016)
* Conversion based on the rate of
USD1=JPY102.
About KYOCERA
Kyocera Corporation (NYSE:KYO)(TOKYO:6971)
(http://global.kyocera.com/) , the parent and global headquarters
of the Kyocera Group, was founded in 1959 as a producer of fine
ceramics (also known as “advanced ceramics”). By combining these
engineered materials with metals and integrating them with other
technologies, Kyocera has become a leading supplier of electronic
components, printers, copiers, solar power generating systems,
mobile phones, semiconductor packages, cutting tools and industrial
ceramics. During the year ended March 31, 2016, the company’s net
sales totaled 1.48 trillion yen (approx. USD13.1 billion). Kyocera
appears on the 2014 and 2015 listings of the “Top 100 Global
Innovators” by Thomson Reuters, and is ranked #531 on Forbes
magazine’s 2016 “Global 2000” listing of the world’s largest
publicly traded companies.
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KYOCERA Corporation (Japan)Kenichi Hara,
+81-(0)75-604-3416Corporate
Communicationswebmaster.pressgl@kyocera.jpFax:
+81-(0)75-604-3516
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