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GE Acquires Imbera

GE ACQUIRES IMBERA ELECTRONICS
The Acquisition Will Expand GE’s Leadership Position in Advanced Electronics Packaging

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%, 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.

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.”

“We have worked closely with Risto to pursue Imbera’s unique vision for the future of semiconductor packaging technology, and are delighted that the business has found a great home to continue their mission within GE”, added Manu Mäkelä, Partner, Conor Venture Partners.

This acquisition expands and extends GE’s long term leadership 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.

About Imbera

Imbera’s pioneering and patented Integrated Module Board (IMB) technology, the result of over a decade of research on embedding technologies, is the answer to the demand for new, more efficient ways to package electronics today and tomorrow. Imbera’s IMB technology enables the embedding of both discrete active and passive components inside an organic substrate. The technology efficiently miniaturizes electronic products while providing improved electrical performance and competitive overall cost level. www.imbera.biz

About Conor

Conor Venture Partners is a leading early-stage technology VC investing in the Nordics and Baltics. With 70 million euros under management Conor invests in disruptive technologies in software, embedded systems, electronics, new materials and optics. The Conor portfolio includes companies such as Neo Technology, Sticky, Omegawave, Fits.me, BehavioSec, Tactotek, Supponor Systems, Aito Technologies and Eniram. For more information, please visit www.conor.vc

Contact

Manu Mäkelä, Partner, Conor Venture Partners Oy, manu.makela@conor.vc
Tel + 358 400 442 873

Risto Tuominen, CEO, Imbera Electronics Oy, risto.tuominen@imberacorp.com
Tel + 358 400 226 969