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Bourns Acquires Central Office Surge Protection Product Assets From Corning Cable Systems LLC

Posted on: Friday, 19 June 2009, 16:15 CDT

Asset Purchase Extends Bourns' Portfolio of Industry-Leading Protection Products and Protection Technology

RIVERSIDE, Calif., June 19 /PRNewswire/ -- Bourns, Inc. today announces that the company has purchased substantially all of the assets of the central office surge protection products business from Corning Cable Systems LLC, part of Corning Incorporated's Telecommunications segment. This asset purchase extends Bourns' current offering of protection products and protection technology and further strengthens Bourns' position as a leading supplier for central office and remote access cabinet surge protection. Bourns will consolidate the central office surge protection products operation within its existing design and marketing operation in Riverside, California, and manufacturing facilities in Costa Rica and Tijuana, Mexico.

Corning Cable Systems' central office surge protection products, which include 5-pin, 4-pin, 1-pin protector modules, related protector blocks, connectors and protector panels, are sold principally to Telcos for use in central office and remote access cabinet surge protection applications in the United States, Canada and Mexico. Selected products are also purchased by manufacturers as components in higher level integrated copper products. The assets purchased by Bourns do not include any of Corning Cable Systems' other copper product solutions or European surge protection solutions.

Bourns has previously acquired the communication protection products businesses of Joslyn Electronics and Emerson Network Power, as well as, Texas Instruments' solid state primary protection business and the innovative Transient Blocking Unit business of Fultec Semiconductor.

"Bourns is committed to supplying the best and most reliable electronic solutions to satisfy the diverse needs of our customers," said Dr. Erik Meijer, vice president of circuit protection for Bourns. "With Bourns' more than 30 years experience in this market, the company is uniquely positioned with our internal production of components such as gas discharge tubes, thyristors, PTC thermistors and the newly-acquired transient blocking units, which together form the very heart of modern telecom protection."

About Bourns

Bourns, Inc. is a leading manufacturer and supplier of automotive sensors, circuit protection solutions, magnetic products, microelectronic modules, precision potentiometers, panel controls and encoders and resistive products. Headquartered in Riverside, California, 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 standards under Six Sigma quality programs. Additional company and product information is available at the company's website at www.bourns.com.

TBU(TM), Bourns(R) and the Bourns logo are trademarks or registered trademarks of Bourns, Inc. and may be used publicly only with the permission of Bourns and require proper acknowledgement. Other listed names and brands are trademarks or registered trademarks of their respective owners.

Agency Contact: Annette Keller Keller Communication (949) 640-4811 annettekeller@sbcglobal.net Company Contact: Mikelyn Bridges Bourns, Inc. (951) 781-5397 mike.bridges@bourns.com

SOURCE Bourns, Inc.

Source: PR Newswire

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