VISHAY INTERTECHNOLOGY INC

Vishay Intertechnology was founded in 1962 by Polish -born Holocaust survivor Felix Zandman. The company was named after Veisiejai, Zandman's ancestral village in present-day Lithuania. It began operations with a patented technology that had two product lines: foil resistors and foil resistance strain gauges. In 1985, having grown from a start-up into the world's leading manufacturer of these original products, the company began an ongoing series of acquisitions to become a broadline manufacturer of electronics components.

Having expanded into so many product lines, Vishay announced in October 2009 that it would be creating a spin-off company which focuses on its high-precision technologies in Foil Technology. Vishay Precision Group represents approximately 9% of Vishay's annual revenue, and included its product lines in Bulk Metal Foil Resistors, micro-measurements, load cells, process weighing, and on-board weighing. In July 2010, Vishay Intertechnology completed the spin-off of Vishay Precision Group (VPG).

Since 1985, Vishay has pursued a business strategy that principally consists of the following elements: expanding within the electronic components industry, primarily through the acquisition of other manufacturers of electronic components; reducing expenses; transferring manufacturing operations to countries with lower labor costs and government-sponsored incentives; maintaining significant production facilities in regions where Vishay markets the bulk of its products; continually rolling out new products; and strengthening relationships with customers and strategic partners. As a result of this strategy, Vishay has grown from a small manufacturer of precision resistors and resistance strain gages to one of the world's largest manufacturers and suppliers of a broad line of electronic components.

The former Spectrol Reliance factory in Swindon, England, (UK arm of Spectrol Electronics that was acquired by Vishay in 2000, originally known as Reliance Controls ) was the last design by Team 4 ( Su Brumwell, Wendy Cheesman, Richard Rogers, and Norman Foster ), and is considered the first example of High-tech architecture in the United Kingdom. It opened in 1967 and was demolished in 1991, Spectrol Reliance moving to a different part of Swindon.