Go to deals
TMT

TDK Corporation has acquired Hutchinson Technology

TDK Corporation has acquired Hutchinson Technology for US$245.1 million.

TDK Corporation is a Japanese multinational electronics company that manufactures electronic materials, electronic components and recording and data-storage media. Through its Milpitas, California-based subsidiary Headway Technologies, Inc., TDK Corporation designs and manufactures recording heads for high performance hard disk drives.

Hutchinson Technology is a designer and manufacturer of precision components for electronic devices, specializing in suspension assemblies for hard disk drives (HDD). It sells suspension assemblies primarily to HDD original equipment manufacturers. The company is headquartered in Hutchinson, Minnesota, with additional operations in Wisconsin (USA) and Thailand.

One of Oaklins' teams in California acted as financial advisor to the buyer in this transaction.

Parties

Talk to the deal team

 Stephen  Perry

Stephen Perry

Managing Director
Irvine, United States
Oaklins Janes Capital
 Ken  Fukumoto

Ken Fukumoto

Director
Irvine, United States
Oaklins Janes Capital

Related deals

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Learn more
PCI Pal has completed an equity raise
Financial Services | TMT

PCI Pal has completed an equity raise

PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.

Learn more