Divestments

VTI Technologies

EQT III acquired VTI from Breed Technologies Inc. in June 2002.

VTI Technologies (“VTI”) is the world’s largest independent designer and manufacturer of high-performance MEMS sensors for automotive, medical, instrument and consumer applications.

Substantial investments in research and development enabled VTI to further strengthen its position in acceleration sensors for automotive safety systems and selected medical applications as well as expand into new segments, such as consumer electronics. Products such as a new generation sensors for the transportation segment and three-axis gyroscopes for consumer electronics applications, were key growth drivers for VTI at the time of the sale.

In 2012, EQT III sold VTI Technologies to the publicly listed Japanese electronic components company Murata Manufacturing.