History
Vishay Intertechnology was founded in 1962 by Dr. Felix Zandman. It began operations with a patented technology that had two product lines: foil resistors and foil resistance strain gages. In 1985, having grown from a start-up into the world's leading manufacturer of these original products, the company began an ongoing series of acquisitions to become a broadline manufacturer of electronics components.
Having expanded into so many product lines, Vishay announced in October 2009 that it would be creating a spin off company which focuses on their high precision technologies in Foil Technology. Vishay Precision Group represents approximately 9% of Vishay annual revenue, and included their product lines in Bulk Metal Foil Resistors, micro-measurements, load cells, process weighing, and on-board weighing. In July 2010, Vishay Intertechnology completed the spin-off of Vishay Precision Group (VPG).
Since 1985, Vishay has pursued a business strategy that principally consists of the following elements: expanding within the electronic components industry, primarily through the acquisition of other manufacturers of electronic components; reducing expenses; transferring manufacturing operations to countries with lower labor costs and government-sponsored incentives; maintaining significant production facilities in regions where Vishay markets the bulk of its products; continually rolling out new products; and strengthening relationships with customers and strategic partners. As a result of this strategy, Vishay has grown from a small manufacturer of precision resistors and resistance strain gages to one of the world’s largest manufacturers and suppliers of a broad line of electronic components.
Some of the manufacturers that Vishay has acquired include HiRel Systems (2012), the resistor business of Huntington Electric (2011), the wet tantalum capacitor business of KEMET (2008), the PCS business of International Rectifier (2007), BCcomponents and Beyschlag (2002), General Semiconductor, the infrared components business of Infineon, Mallory (NACC), and Tansitor (2001), Cera-Mite, Electro-Films, and Spectrol (2000), Siliconix and Telefunken (1998), Vitramon (1994), Roederstein (1993), Sprague (1992), Sfernice (1988), Draloric (1987), and Dale (1985).
Read more about this topic: Vishay Intertechnology
Famous quotes containing the word history:
“American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.”
—Harold Rosenberg (1906–1978)
“Revolutions are the periods of history when individuals count most.”
—Norman Mailer (b. 1923)
“Only the history of free peoples is worth our attention; the history of men under a despotism is merely a collection of anecdotes.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)