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Nitto Acquires Bend Labs

Published: 01 June 2022
 by Chelsey Drysdale

FARMINGTON, UT – Nitto Denko acquired Bend Labs for an undisclosed sum.

As of today, the sensor device technology company merges into Nitto, starting business as Nitto Bend Technologies.

Bend’s flexible sensor measures bend, stretch and force. The flexible sensor is expected to meet automation demands in the automotive field and remote monitoring in the digital healthcare field. Nitto anticipates this technology to be used in sports and robotics as well.

The impact of this acquisition on Nitto's consolidated earnings forecast for 2022 is insignificant.

Nitto develops new products and services in three domains: information interface, next-generation mobility and human life.

 

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