Laird Technologies Acquires Emerson & Cuming Microwave Products
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16401 Swingley Ridge Rd., Suite 600
Chesterfield, MO, 63017
Press release date: March 5, 2012
Purchase expands EMI Solutions portfolio with established product brands
St. Louis, Missouri, USA - March 2, 2012 - Laird Technologies, Inc., a global technology company focused on providing components and solutions that protect electronic devices from electromagnetic interference and heat, and that enable connectivity through wireless applications and antenna systems, today announced its acquisition of Microwave Materials Group ("MMG"), the holding company of Emerson & Cuming Microwave Products ("Emerson & Cuming"). For the year ended 31 December 2011, Emerson & Cuming's revenues were Euros16.3. Revenues in 2011 increased over the previous year by 20%.
The purchase enhances Laird Technologies' EMI solutions product offering with the addition of ECCOSORB®, ECCOSTOCK®, ECCOSHIELD® and ECCOPAD®. These established product brands will continue to increase Laird Technologies' customer base in the wireless and satellite communications, military and aerospace, automotive, RFID and medical markets.
"Electronic devices are always evolving into smaller, more powerful products so the shielding requirements continue to change," said Michael Sutsko, President of Laird Technologies Performance Materials Division. "MMG broadens the range of products we can offer our existing customers as well as expands our customer base."
Emerson & Cuming is a global leader in the development and manufacture of microwave absorbing materials, low-loss dielectrics and electrically conductive shielding materials combining that absorber technology with a wide range of capabilities, in-depth knowledge of materials science, chemistry, microwave theory, and measurement techniques coupled with modern R&D laboratories , to offer high quality leading edge products and customized solutions.
"Laird Technologies already has a strong position in the field of EMI solutions and the addition Emerson & Cuming's engineering and technology expertise as well their established product brands, allows us to build on our existing EMI business," said Naoto Mizuta, Vice President and General Manager of Laird Technologies' EMI Solutions business unit.
Peter Van Der Weyer, Chairman of MMG, commented, "Laird's global presence and outstanding customer base will provide the ideal platform for Emerson & Cuming's technology and product capability, which is increasingly required to deal with EMI issues as electronic devices grow more powerful and prolific" MMG will become part of Laird Technologies' EMI Solutions Business.
About Microwave Materials Group and Emerson & Cuming Microwave Products
Emerson & Cuming Microwave Products, Inc., an ISO 9001:2008 company is a world leader in the development and manufacture of ECCOSORB®, microwave absorbing materials; ECCOSTOCK® dielectric materials for low loss RF and microwave applications; ECCOSHIELD® electrically conductive sheets, caulks, adhesives and coatings; and MetalTag®, metal mount RFID tags, for read on metal and liquid applications. Emerson & Cuming Microwave Products, maintains manufacturing facilities in Randolph, Massachusetts (US) and Geel, Belgium.
For over 60 years, the company has produced leading edge materials and engineered solutions for the wireless and satellite communications, military and aerospace, automotive, RFID and medical markets.