June 18, 2025 – Today a new global powerhouse in electrical steel emerges as Nippon Steel successfully finalized its acquisition of US Steel. Both companies are significant producers of electrical steel sheets, prized for their […]
With a major new production line in operation at its Big River Steel facility in Arkansas, U. S. Steel has entered the market for electrical steel in a big way. Its new Indux™ steel is […]
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 […]
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