Riverside, Calif., Jun 27, 2012 - Bourns, Inc., a leading manufacturer and supplier of electronic components, today announced it has completed its purchase of substantially all of the assets of Jensen Devices AB. Terms of the transaction were not disclosed. Jensen Devices, headquartered and with manufacturing operations in Stockholm, Sweden, designs and manufactures gas discharge tubes (GDTs). The company is well-known for its Sparctube® series of GDTs, which are used for switching ignition circuits for automotive HID headlights. Jensen Devices also services industrial and telecom markets with GDTs used as overvoltage protectors. The company has a long history of developing innovative solutions for challenging applications. This is a strategic purchase that will broaden the technical capabilities of Bourns' industry-leading GDT product line while opening the automotive HID market for the company.
"Jensen Devices' novel and patented FLAT® gas tube technology promises some very beneficial features to Bourns' customers, and will further strengthen Bourns' position as a leading supplier of circuit protection solutions," said Dr. Erik Meijer, President of Bourns Electronics. "This acquisition further demonstrates Bourns' dedication to supplying our customers with the best and most reliable electronic solutions to satisfy the diverse needs of today as well as the unmet needs of tomorrow."
Bourns has more than 35 years of experience developing GDTs for the circuit protection market. The company is committed to providing the industry's most complete line of circuit protection solutions, and has made 10 acquisitions in the preceding 12 years, including Joslyn Electronics' communication protection products business, Texas Instruments' solid state Telecom protection business, Fultec's Transient Blocking Unit technology and the Protection Product businesses of Corning Cable Systems and Emerson Network Power.
About Bourns
Bourns, Inc. is a leading manufacturer and supplier of automotive sensors, circuit protection solutions, magnetic products, microelectronic modules, precision potentiometers, panel controls and encoders and resistive products. Headquartered in Riverside, CA, Bourns serves a broad range of markets, including telecommunications, computer, industrial, instrumentation, automotive, consumer, non-critical life support medical, audio and various other market segments. Bourns products are manufactured according to ISO-9000 standards under Six Sigma quality programs. Additional company and product information is available at the company's website at www.bourns.com.
"Forward-Looking" and "Safe-Harbor" Statements are omitted