IR, founded in 1947, has annual sales of approximately $ 1 billion and employs 5,400 people. Vishay was founded in 1962 and had sales of $ 2.833 billion in the previous year.
According to the terms, Vishay hopes to acquire all the outstanding shares of IR Company for $ 21.22 per share in cash. This offer is a 13% premium to the IR stock's closing price of $ 18.82 on August 14, and a 20% premium to the average price of $ 17.69 over the past 30 days.
Vishay recently announced that the company ’s quarterly net profit as of June 28 was $ 7.744, compared with the figure of $ 715.9 million in the same period last year.
- Wall Socket Expansion allowing you to expand one in wall socket to multi outlets, as well as to add more functions, e.g. socket plus USB ports, or with surge protector, or with overload protection.
- Multiple Outlets allowing you to plug in multiple electrical devices.
- Compact Wall Expansion is also convenience as travel power adapter from its weight and size point of view.
- PC/ABS flame retardant, phosphor bronze+pure copper.
- Space saving and cost saving
- We have been doing OEM service for Germany customer since the very beginning time when we started power strip manufacturing.
Now we still continue with OEM/ODM services and doing our own design as well.
- Own factory
Wall Socket Expansion
Wall Socket Expansion, Compact Wall Expansion, USB Wall Socket, Multi Outlets Wall Socket
ZhongShan JITONGLONG Plastic Hardware Co. Ltd. , https://www.toukoo-electronics.com