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M&A Deal Summary

Olympus Acquires ITX

On January 20, 2003, Olympus acquired electrical equipment company ITX

Acquisition Highlights
  • This is Olympus’ 1st transaction in the Electrical Equipment sector.
  • This is Olympus’ 1st transaction in Japan.
Investment Fate
  • ITX was divested to a consortium of buyers in 2012.
  • ITX was sold to a publicly-traded strategic buyer in 2015.

M&A Deal Summary
Date 2003-01-20
Target ITX
Sector Electrical Equipment
Buyer(s) Olympus
Deal Type Add-on Acquisition

Target

ITX

Yokohama, Japan
ITX Corp. is a manufacturer of electrical equipment.

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Buyer(S) 1

Buyer

Olympus

Shinjuku-ku, Japan
Category Company
Founded 1919
Sector Medical Products
Employees29,297
Revenue 997.3B JPY (2025)
DESCRIPTION
Olympus facility in Brooklyn Park, Minnesota.
Olympus facility in Brooklyn Park, Minnesota.

Olympus is a diverse manufacturer and seller of precision electronics, machinery, and instruments. Olympus manufactures medical products, including endoscopic video imaging systems, endoscopy products for gastroenterological surgery, and endo-therapy products. Olympus was founded in 1919 and is based in Shinjuku-ku, Japan.

DEAL STATS #
Overall 1 of 15
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 13
Country: Japan M&A 1 of 1
Year: 2003 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-26 Advalytix AG

Munich, Germany

Beckman Coulter is a leading provider of highly innovative solutions for Life Science Research.

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Mergr

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