GE Healthcare Finland Oy, in partnership with GE Idea Works, announced today that it has completed the acquisition of Imbera Electronics Oy, a pioneering Finnish company that has spent over 10 years developing advanced embedded electronics packaging technology and manufacturing solutions. Financial terms of the transaction were not disclosed.
Embedded electronic packaging technologies can reduce the size and cost of components used in digital electronics by over 50 percent, enabling much higher integration for increasingly feature-rich consumer products such as smartphones and tablets. This embedded packaging is also used in advanced avionics, power distribution and a variety of other applications.
“We are extremely pleased to add the cutting edge technology and intellectual property of Imbera Electronics Oy as a component of GE’s existing electronics packaging portfolio,” said Larry Davis, vice president and microelectronics packaging program director at GE Idea Works.
Risto Tuominen, CEO and founder of Imbera Electronics Oy, commented that “Combining the high volume-focused and cost effective embedded technology from Imbera with the advanced thermal and power handling capability of GE creates the most compelling technology platform for advanced high density electronics packaging.”
This acquisition expands and extends GE’s position in advanced electronics and electronics packaging and creates one of the most extensive intellectual property and technology portfolios for embedded electronic packaging in the world, covering applications from low-power consumer products to high-power industrial electronics. GE plans to continue developing and licensing the Imbera Electronics Oy intellectual property and technology portfolio in combination with its established power overlay portfolio.