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Press Releases 2003

  Bourns® Acquires Assets from Microelectronic Modules Corporation

 

RIVERSIDE, CA - December 4, 2003 - Bourns, Inc. is pleased to announce that its purchase of substantially all of the assets of Microelectronic Modules Corporation (MMC) was completed today. MMC had filed for protection under Chapter 11 of the Federal Bankruptcy Act in September 2002 due to the sharp downturn in its telecom business. On October 30, 2003, the Federal Bankruptcy Court in Milwaukee, Wisconsin designated Bourns as the approved bidder for the assets of MMC.

MMC, located in New Berlin, Wisconsin, manufactured surge protection modules for telecommunications applications and a variety of specialized modules on both ceramic and FR4 substrates for many industrial applications. MMC's chip on board assembly included chip scale, flip chip and ball grid array (BGA) processes.

According to Erik Meijer, VP of Circuit Protection for Bourns, this asset purchase extends Bourns current offering of solutions into the custom design hybrid market and further strengthens Bourns position as a leading supplier of devices and solutions for the circuit protection market throughout the world. "Bourns is committed to supplying the best possible electronic solutions to satisfy the diverse needs of our customers. This transaction brings us some very exciting new packaging technologies that consolidated with our existing processes will allow us to maintain our leadership position in circuit solutions," said Dr. Meijer.

About Bourns, Inc.
Bourns, Inc. is a leading manufacturer of Trimming Potentiometers, Precision Potentiometers, Modular Contacts, Switches, Resistor/Capacitor Networks, and Analog Input Devices, including Panel Controls, and Encoders. Bourns also sells Chip Resistors, Chip Arrays and Inductive Components. Meeting the circuit protection requirements of next-generation products, Bourns’ broad circuit protection offering includes an extensive line of PPTC Resettable Fuses, Thyristor Surge Protectors, and Surge Line Protection Modules. Bourns® Communication Protection Product line includes Gas Discharge Tubes (GDT), Telephone Station Protectors, 5-Pin Protectors, Industrial Signal, Irrigation and Petroleum Protectors, CATV Coax Protectors, Signal Data Protectors, and the Indoor and Outdoor POTS Splitters and Network Interface Devices (NID) product lines. 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 and QS-9000 standards under Six Sigma quality programs. For more information, contact Bourns’ corporate headquarters at 1200 Columbia Avenue, Riverside, Calif. 92507. Phone (909) 781-5500; Fax (909) 781-5006; URL: www.bourns.com.


 

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