Telkoor And Murata Announce Manufacturing License & Sales Agreement
Telkoor Telecom announced that its subsidiary in Israel, Telkoor Power Supplies Ltd. has entered into a non-exclusive manufacturing license & sales agreement with Murata Power Solutions.
Under the terms of the agreement, Murata Power Solutions has rights to manufacture, modify and commercialize a portfolio of Telkoor designed power supplies This worldwide agreement granted by Telkoor expands Murata Power Solutions’ ac-dc product portfolio particularly in the area of low power ac-dc products as well as cPCI products. This agreement is said to be aligned with Murata’s overall strategy of providing the broadest possible range of power conversion solutions to its customers. Under this agreement Telkoor will receive royalty payments based on global product sales made by Murata Power Solutions.
Commenting on the new agreement, Yossi Ben-Ami, President and CEO of Telkoor Power Supplies said, "We are very excited with this agreement which attests to the continued expansion of the firm’s activities in the commercial high-grade field. With over three decades of experience in the military and commercial power electronics sectors, Telkoor has built-up a comprehensive and technologically advanced product range that will perfectly complement the portfolio of Murata to the benefit of customers worldwide. This agreement will further strengthen Telkoor’s industry-leading position and reputation for providing a comprehensive range of innovative power supply solutions."
Commenting on the new agreement, Joe Ragno, Business Development Manager, Murata Power Solutions, said, "Telkoor has a proven track record for developing a broad range of advanced power products which perfectly address the low power ac-dc and cPCI markets. Consequently, this agreement will further strengthen Murata Power Solutions’ top five position in the power electronic industry."