March 26, 2025 – Siemens announced today that it has completed the acquisition of Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market, for an enterprise value of approximately […]
discoverIE Group in the UK has acquired sensor manufacturer Burster Group of Germany for about €40 milion, adding another company to its portfolio with significant magnetic technology. As previously reported in Magnetics Magazine, discoverIE recently […]
CPI Electron Device Businesss is the new name for one of the world’s largest producers of magnetrons and a prolific developer of electromagnetic systems for aerospace and defense markets, as a result of its acquisition by TransDigm from Communications & Power Industries. Before it was spun out from CPI in mid-2024 and acquired by TransDigm for about $1.385 billion, it was formerly the Electron Device Business of Varian Associates and has long been a global manufacturer of electronic components and subsystems including radio frequency and microwave products. Now CPI-EDB operates as one of the more than 50 companies owned by Transdigm which primarily provide aircraft components for commercial and military fleets around the world. […]
Woodward, a manufacturer of aerospace and industrial energy control solutions based in Fort Collins, Colorado, has signed a definitive agreement to acquire the electromechanical actuation business operated in North America by French aerospace manufacturer Safran Electronics & Defense. Both companies are top players in the market with many products designed around magnetic technologies. […]
A world-class family of magnetics companies has come together in the U.S. under the ownership of Magnetic Holdings LLC with the financial backing of New York investment firm Tinicum. Beginning with the acquisition of Dexter […]
Exxelia, a global manufacturer of passive components and sub-systems headquartered in Paris, has acquired controlling interest of SVM Private Limited in India which specializes in the design and manufacturing of magnetic components and busbars for healthcare and industrial end-markets. […]
Intent on growing its business in custom manufacturing for medical devices and industrial applications, precision audio specialist Knowles Corporation is repositioning through two key corporate deals — divestiture of its consumer MEMS (micro-electromechanical systems) microphone business and the acquisition of Cornell Dubilier, while focusing on targeted growth markets for its core capabilities in precision miniaturization. Among the company’s magnetic technologies are miniature windings and balanced armature speakers and drivers. […]
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