Two companies with extensive magnetic component portfolios are coming together as Chicago-based Littelfuse, where business has been booming lately, moves to acquire C&K Switches for $540 million. With 17,000 employees already and sales climbing 34% […]
inrcore, a family of brands supplying high reliability magnetics and other components, has acquired Vanguard Electronics, a manufacturer of both catalogue and custom high reliability magnetics such as inductors and transformers for demanding applications in the defense, aerospace, space and medical industries. Price of the transaction was not disclosed, but Vanguard will continue to operate as a wholly owned subsidiary of iNRCORE. Vanguard will retain its headquarters in Huntington Beach, California, with an additional manufacturing facility located in Mexicali, Mexico. […]
Sensata Technologies, a manufacturer of sensor and motor products many with magnetic-rich designs, has acquired fast-growing Dynapower Company for $580 million in cash in a move that Sensata emphasizes will advance its efforts to serve expanding electrification markets. No stranger to magnetic technologies itself, Dynapower develops energy storage and conversion products including several types of power transformers. […]
With its acquisition of nanoComposix, fast-growing Fortis Life Sciences is emerging as a new force in the field of magnetic particle development and manufacturing. The venture capital-backed firm acquired nanomaterials company nanoComposix and three others […]
“The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications,” said Tom Linebarger, Chairman and CEO, Cummins. “Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions. […]
Two big manufacturers of eddy current instruments and probes for non-destructive testing have joined as Eddyfi Technologies of Quebec, Canada has acquired Zetec and folds its NDT solutions into the group portfolio. The deal is […]
Allied Motion Technologies, a manufacturer of precision and specialty controlled motion products, announced on May 9 that it plans to merge with ThinGap, a developer and manufacturer of zero cogging slotless motors such as its new motors for small satellites and cubesats. Their innovative design puts all the magnetics, which are the heaviest part of the motor, in the rotor to maximize inertia. […]
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