Omron Completes Optical M&A
With this acquisition, OMRON aims to expand its business in the FTTH optical coupler market by leveraging the strong customer base of NHK Spring, which is a leading supplier of optical couplers in North America. OMRON also plans to further strengthen its line-up of optical couplers(2) by combining NHK Spring's quartz optical waveguide(3) technology with its own stacked polymer optical waveguide technology to create new high-performance, cost-competitive products. In addition, the acquisition is expected to stimulate sales of OMRON's optical switches and CWDM Mux/Demux Modules.
As a result of this acquisition and the synergies it is expected to generate, OMRON forecasts that its optical communications component business will achieve total sales in fiscal 2006 of approximately 2 billion yen.
Omron Corp. (Tokyo: 6645)