TDK and Innoveta Strike Strategic AllianceSeptember 11, 2002 by Jeff Shepard
TDK Corp. (Tokyo, Japan) and Innoveta Technologies (Plano, TX) announced that they have entered into a strategic alliance enabling TDK to co-label and sell Innoveta’s dc/dc converters in Japan. The alliance creates a complete line of
products from 0.3W to 3kW.
"In today’s fast-moving marketplace, it is important to form alliances with companies that provide synergy in design, development and channel coverage. This alliance with Innoveta immediately enhances TDK’s power products portfolio and serves as what we hope to be the first step in a long and mutually beneficial relationship. With Innoveta’s complementary dc/dc converters, TDK can expand its leading position in Japan by adding more value to our customers," said Yukio Harada, general manager of TDK Power Systems Business Group.