Kyocera (KYO) Completes Acquisition of Optrex Corp.

Kyocera Corporation (NYSE: KYO) has completed a share transfer agreement with three investment funds operated by Japan Industrial Partners, Inc. to acquire all shares of Optrex Corporation (herein "Optrex") — a specialized manufacturer of liquid crystal displays (LCDs) and related products — in order to further strengthen and expand its LCD and touchscreen panel businesses. Effective February 1, 2012, Optrex will become a wholly-owned subsidiary of Kyocera Corporation.

Financial terms were not disclosed.

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