Measurement Specialties Acquires Intersema for $39.7 Million
Measurement Specialties, Inc. (Nasdaq: MEAS) has acquired the outstanding capital stock of Intersema for approximately $39.7 million in cash and notes, plus an additional $17.3 million if certain performance thresholds are achieved. MEAS acquired approximately $9.6 million in cash as part of the transaction. The transaction closed December 28, 2007. Intersema Sensoric, which is located in Switzerland, is a a designer and manufacturer of pressure sensors and modules.
More info: Measurement Specialties | Intersema Sensoric SA
If you found this page useful, bookmark and share it on:
Possibly of Interest
- Automotive Microelectromechanical Systems Sensor Market
- NIRA Dynamics Tire Pressure Indicator
- WEBENCH Sensor Designer Tool
- IBM Acquires MRO Software
- EDA News - 2007.07.05
If you are familiar with RSS feeds, you can also sign up for our free blog feed. Our RSS feed is updated in real-time while our newsletter is updated daily.
