TAIPEI, Aug. 29,
2024 /PRNewswire/ -- Delta, a global leader in power
management and a provider of IoT-based smart green solutions, today
announced the signing of an agreement by its subsidiaries, Delta
Electronics (Japan), Inc. and
Delta Electronics (Korea), Inc. to acquire the power inductor and
powder materials business and assets, including production and
R&D equipment, patents, and intellectual property from
Japan-listed company Alps Alpine
Co., Ltd. and its subsidiary, Alps Electric Korea Co., Ltd.
(hereinafter referred to as "Alps Alpine") respectively, for
approximately US$71 million (approx.
NT$2,331,285 thousand). Alps
Alpine's unique powder material patent technology helps create
power inductors with low power loss that improve the energy
efficiency of devices and equipment. After the acquisition is
completed, Delta expects to integrate Alps Alpine's power inductor
business in Japan and South Korea, combining their R&D
capabilities, production facilities, and customer resources to
enhance the capabilities of its passive components for data
centers, AI high-performance computing, edge computing, electric
vehicles, smartphones, and next-generation ICT products.
Ping Cheng, Delta's Chairman and
Chief Executive Officer, said, "Delta's world-leading power
inductor technology is also gaining substantial ground in the AI
server and electric vehicle realms. Alps Alpine offers
one-of-a-kind intellectual property in the field of power inductors
and is also an industry-leading provider of innovative
technologies. With this acquisition, we aim to create synergies to
ultimately enhance Delta's patent and supply chain capabilities in
benefit of our business development. By combining our own growing
R&D capabilities in Japan with
Alps Alpine's, we will accelerate the development of innovative
products and technologies."
Hideo Izumi, Alps Alpine's
President & CEO, said, "Besides being a significant enterprise
in the fields of sensors and communications, and in automotive
systems, Alps Alpine also leads the industry with its original
unique magnetic metal material, which is featured as 'an amorphous
material with a supercooled liquid region', a state-of-the-art
technology that contributes to low Iron Loss and high Saturation
Flux density for the electronics components sector. In the field of
power inductors, Delta holds a reputable position in terms of
technology, production capacity, and quality. As Alps Alpine's
power inductor business grows, it needs resources to scale up
quickly, so we believe that after integrating this business, Delta
will accelerate the growth of its passive components segment."
Alps Alpine is a well-known listed company in the Tokyo Stock
Exchange (stock code: 6770) with businesses divided into three
major categories: Component, Sensor & Communication, and
Modules & System. It provides products and services for
multiple markets, including automotive, home appliances, mobile
communications, gaming, and industrial equipment. The scope of this
transaction involves the assets and equipment related to the power
inductor under the "Sensor & Communication" business, with
product applications including AI high-performance computing,
smartphones, wearable products, solid-state drives (SSD), double
data rate (DDR) devices, and more.
About Delta
Delta, founded in 1971, is a global leader in switching power
supplies and thermal management products with a thriving portfolio
of smart energy-saving systems and solutions in the fields of
industrial automation, building automation, telecom power, data
center infrastructure, EV charging, renewable energy, energy
storage and display, to nurture the development of smart
manufacturing and sustainable cities. As a world-class corporate
citizen guided by its mission statement, "To provide innovative,
clean and energy-efficient solutions for a better tomorrow," Delta
leverages its core competence in high-efficiency power electronics
and its ESG-embedded business model to address key environmental
issues, such as climate change. Delta serves customers through its
sales offices, R&D centers and manufacturing facilities spread
over close to 200 locations across 5 continents.
Throughout its history, Delta has received various global awards
and recognition for its business achievements, innovative
technologies and dedication to ESG. Since 2011, Delta has been
listed on the DJSI World Index of Dow Jones Sustainability™ Indices
for 13 consecutive years. Delta has also won CDP with double A List
for 3 times for its substantial contribution to climate change and
water security issues and has been named Supplier Engagement Leader
for its continuous development of a sustainable value chain for 7
consecutive years.
For detailed information about Delta, please visit:
www.deltaww.com
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SOURCE DELTA ELECTRONICS INC.