Murata Manufacturing Picks up SyChip.Tokyo, Japan, Apr 14, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - Sychip Inc. of Texas will absorb Sychip Acquisition Corp. of Delaware, a subsidiary of Murata Electronics North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Inc. of Georgia, and become a full subsidiary of Murata Electronics North America Inc. (MEA MEA Multiple endocrine adenomatosis. See Multiple endocrine neoplasia. ). MEA is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Murata Manufacturing Co. of Kyoto (Murata), and this transaction will make Sychip a consolidated affiliate of Murata. With this acquisition Murita seeks to enhance the variety and quality of their mobile products. SyChip designs, develops and markets radio frequency chip scale modules (CSMs) and ICs for the mobile terminals such as PDAs, media players and smart phones. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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