MONTEREY PARK, CA – Quantic Electronics acquired Union Technology Corp. for an undisclosed sum.

UTC specializes in surface mount multilayer ceramic chip capacitors and high-frequency switch mode power supply capacitors for aerospace, military, telecommunications, and industrial applications.

"Quantic remains laser-focused on developing a world-class group of specialty electronics manufacturers that make mission-critical products for a broad range of markets," said Kevin Perhamus, president and CEO of Quantic Electronics. "UTC is the latest in our growing list of acquisitions that have differentiated technology and talented employees. The addition of the UTC product portfolio to our existing capacitor offering will enable us to serve a broader range of applications, helping to solve our customers' difficult design challenges. I am excited to work with the UTC team to help them meet their growth objectives."

"For the last 30 years, UTC has been dedicated to our customers, our technology development, and our employees,” said Peter He, general manager, UTC. “I would like to thank all the employees who have contributed to our years of success. Partnering with Quantic provides a unique opportunity to enable UTC to achieve its next stage of growth, and I look forward to working with the entire portfolio of Quantic companies."