TE Connectivity has completed its public takeover of First Sensor to hold 71.87% of shares.
First Sensor develops and produces standard sensors and sensor solutions in the fields of photonics, pressure and advanced electronics for applications within the industrial, medical and transportation markets.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
It has six German locations along with development, production and sales sites in the US, Canada, China, the Netherlands, the UK, France, Sweden and Denmark, along with a worldwide partner network.
First Sensor provides market expansion opportunity with optical sensing applications for industrial, heavy truck and auto applications.
“The business combination with First Sensor is another milestone in TE Connectivity’s commitment to being a leader in the sensor space and continuing to provide customers with a high level of product innovation and service,” said TE Sensors Business SVP and GM, John Mitchell.
“The First Sensor team’s capabilities, as well as their products, strongly align with the markets we serve and create greater opportunity to serve our customers.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
