TDK Corporation has acquired Hutchinson Technology
October 2016 — 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.
Our role in the transaction
One of Oaklins' teams in California acted as financial advisor to the buyer in this transaction.
Talk to the deal team
Stephen Perry
Oaklins Janes Capital
Ken Fukumoto
Oaklins Janes Capital
Related deals
DIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn moreLandmark US$85 million employee secondary share transaction for Wayve
Crowdcube, Europe’s largest equity crowdfunding and private market investment platform, has completed a US$85 million employee share sale for Wayve, the first employee liquidity transaction on the LSE’s Private Securities Market and the largest to date under the FCA’s PISCES framework. The deal is a milestone for UK capital markets, demonstrating how new market structures can unlock liquidity for employees and early shareholders in high-growth private companies.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn more