August 11, 2003
Vectron International Acquires Temex Switzerland SAW Components Group
August 1, 2003, Vectron International will take over the SAW production
site in Neuchâtel/Switzerland, previously part of the Temex group. This
production site has been especially successful in the development and
production of higher frequency SAW components.
With this acquisition the Vectron group will be able to expand its range
of front-end filters for the telecommunications market. This will enable
the group to cover all important SAW applications with its own products.
So far the product range was mainly restricted to IF-applications.
This transaction is part of Temex's on-going initiative to reduce the
number of its industrial centers. "We are happy to hand over our Swiss
operation to Vectron International, who will offer our former employees
the opportunity to leverage their personal investment in their production
site. This will also allow us to concentrate our SAW components activities
in Temex Microsonics (Sophia-Antipolis, France), that we acquired last
November from Thales", said Jean-Yves Courtois, CEO of Temex. Temex
Microsonics will continue to develop, manufacture and sell the range of
SAW components previously manufactured in Neuchâtel.
The production site in Switzerland will continue to be a design and
wafer manufacturing site and operate under the name of "Vectron
Frequency Devices Swiss GmbH".
The responsibility for all SAW activities of the Vectron group will
remain with Telefilter GmbH in Teltow/Germany.
Vectron International is a world leader in the design, manufacture and
marketing of frequency control products using the very latest techniques
in both bulk acoustic wave (BAW) and surface acoustic wave (SAW) based
designs from DC to microwave frequencies. Products include crystals and
crystal oscillators; frequency translators; clock and data recovery products
and SAW filters and components used in telecommunications, data communications,
frequency synthesizers, timing, navigation, military and instrumentation systems.