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
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