# steute Technologies to acquire Electro-Sensors

steute Technologies GmbH & Co. KG will acquire Electro-Sensors, Inc. for $7.75 per share in cash, valuing the deal at a premium of approximately 75%. Electro-Sensors will become a wholly owned subsidiary of steute.

- Type: Acquisition
- Announced: 2026-04-21
- Where: Minnetonka, Minnesota, United States
- Status: announced
- Products: industrial monitoring systems, switching devices, sensors, wireless networks
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Battery Ventures](https://endata.com/companies/1763.md) (investor)
- [steute Technologies](https://endata.com/companies/90628.md) (acquirer)
- [Electro-Sensors](https://endata.com/companies/91487.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/electro-sensors-inc-to-be-acquired-by-steute-technologies-302748710.html), 2026-04-21: "Electro-Sensors significantly enhances steute Technologies' product and service offerings in the industrial market with an extensive, complementary line of solutions."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.