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Littelfuse Inc., Des Plaines, Ill., agreed to buy Concord Semiconductor, a Taiwan-based designer and manufacturer of TVS diodes and other overvoltage circuit protection products for the automotive, consumer electronics, computer, industrial and telecom markets.
Concord Semiconductor has annual sales of approximately $16 million and operates facilities in Taiwan and China. Terms of the transaction were not disclosed. The acquisition is expected to be completed in the second quarter of 2006.