Announced
Completed
Financials
Sources
Tags
Cross Border
Acquisition
Private
electronic equipment
Completed
Electronic Components and Equipment
Majority
Single Bidder
United States
Friendly
Synopsis
Nitto, a Japanese company that produces tapes, vinyl, LCDs, insulation, and several other products, completed the acquisition of Bend Labs, a soft silicone sensor platform bringing smarter motion sensing to today's products, for $77m. Nitto develops new products and services by strategically devoting resources to Nitto’s three focus domains: Information Interface, Next-generation Mobility, and Human Life. The acquisition of Bend will also accelerate innovation in these domains.
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