CAP-XX will begin producing these three supercapacitor product families in Q3 2020. Murata will also assist in introducing CAP-XX to its customers. These small, thin supercapacitors deliver peak-power needs in wireless sensor, automotive, smart meter, IoT and other applications.
Murata licensed CAP-XX’s patents in 2008, began production of supercapacitors in Japan in 2013, and has since significantly built its supercapacitor business. After a strategic review of its business in 2018, Murata informed CAP-XX that it wanted to focus on its multilayer ceramic capacitors and lithium batteries, and exit some of its non-core business lines including supercapacitors. Consequently, the two companies reached agreement for CAP-XX to acquire Murata’s high-quality production lines. The companies have been working together for over 12 months to ensure the successful relocation of these production lines, and for CAP-XX to be able to produce supercapacitors that are identical to what Murata makes today, guaranteeing customers a continuity of supply.
CAP-XX considers this a compelling opportunity to acquire modern, state-of-the-art production equipment from manufacturing expert Murata, whose production lines are newer, more efficient and have far greater capacity than CAP-XX’s own. The company expects the acquisition to both increase its sales and reduce its direct production costs.