KYOCERA AVX is acquiring the assets of Bliley Technologies
KYOCERA AVX is acquiring assets of Bliley Technologies, a company focused in the design and development of low-noise frequency control products with more than 65 years of space heritage in low Earth orbit (LEO) and geostationary equatorial orbit (GEO) applications. The asset transfer acquisition will bring Bliley’s equipment, people, and IP under the KYOCERA AVX umbrella. Upon finalization, the acquired assets will operate under KYOCERA AVX Components Corporation (Erie).
“We are very pleased to welcome members from the Bliley Technologies team to KYOCERA AVX and are very excited to further expand our crystal devices portfolio with the disruptive technologies they’ve developed, which will allow us to better serve sophisticated customers in the demanding military, aerospace, and defense markets,” said Kio Ariumi, Senior VP, Operational Integrations, KYOCERA AVX. “The asset transfer acquisition provides more than 20 patents for key positioning, navigating, and timing technologies as well as an accomplished staff and an advanced manufacturing facility with several crucial certifications and qualifications, all of which will further strengthen our presence in these essential markets.”
“The Bliley Technologies team is happy to become a part of KYOCERA AVX and is looking forward to leveraging our relative strengths and experience to accomplish many of the same goals that we’ve been pursuing as Bliley as KYOCERA AVX Components Corporation,” said Keith Szewczyk, CEO and Director, Bliley Technologies. “Bliley has earned a global reputation for research and development, quality, and reliability, and our purpose has always been to inspire and enable our customers’ innovations, allowing them to achieve more than they ever thought possible. The KYOCERA AVX team shares this commitment and, together, we will continue to develop novel crystal products that redefine possibilities.”