# Delta Electronics acquires Alps Alpine's power inductor business for $71M

Delta Electronics, through its subsidiaries in Japan and Korea, agreed to acquire the power inductor and powder materials business and assets from Alps Alpine and its subsidiary for approximately $71 million. The acquisition includes production and R&D equipment, patents, and IP.

- Type: Acquisition
- Announced: 2024-08-29
- Where: Japan and South Korea, Japan
- Value: $71.0M
- Status: announced
- Products: power inductors, powder materials
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Delta Electronics](https://endata.com/companies/26117.md) (acquirer)
- [Alps Alpine](https://endata.com/companies/52861.md) (target)
- [Alps Electric Korea](https://endata.com/companies/79477.md) (target)

## Sources

- [engineering.com](https://www.engineering.com/delta-acquires-alps-alpines-power-inductor-business-assets/), 2024-08-29: "Delta announced the signing of an agreement by its subsidiaries... to acquire the power inductor and powder materials business and assets... for approximately US$71 million"
- [prnewswire.com](https://www.prnewswire.com/news-releases/delta-acquires-alps-alpines-power-inductor-business-assets-to-enhance-its-capabilities-in-next-generation-passive-components-302233876.html), 2024-08-29: "Delta, a global leader in power management and a provider of IoT-based smart green solutions, today announced the signing of an agreement by its subsidiaries... to acquire the power inductor and powder materials business and assets... for approximately US$71 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.