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Dover Corporation, through its Dover Electronics subsidiary, signed a definitive agreement to acquire Knowles Electronics, a manufacturer of micro-acoustic components and MEMS microphones, for $750 million. The transaction is expected to close in September 2005.
“We are excited to have the opportunity to acquire Knowles, the market leader in transducer-based components for hearing aids.”investors.dovercorporation.com
Summarized from public sources; check the original articles before acting on it.