Delta to acquire power inductor business assets from Alps Alpin for $71m.

Delta, a global leader in power management and a provider of IoT-based smart green, agreed to acquire power inductor business assets from Alps Alpin, an electronics company, for $71m. "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," Hideo Izumi, Alps Alpine President & CEO.