# TE Connectivity completes majority acquisition of First Sensor AG

TE Connectivity Ltd. completed its public takeover of First Sensor AG, now holding 71.87% of shares. The acquisition strengthens TE's sensor business with optical sensing applications for industrial, heavy truck and auto markets.

- Type: Acquisition
- Announced: 2020-03-12
- Where: Schaffhausen, Switzerland
- Status: completed
- Products: sensors, photonics sensors, pressure sensors, advanced electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [TE Connectivity](https://endata.com/companies/16155.md) (acquirer)
- [First Sensor AG](https://endata.com/companies/39763.md) (target)

## Sources

- [te.com](https://www.te.com/en/about-te/news-center/corporate-news/2020/2020-03-12-te-connectivity-acquires-majority-share-of-first-sensor-ag.html), 2020-03-12: "The business combination with First Sensor is yet another milestone in TE Connectivity's commitment to being a leader in the sensor space and continuing to provide customers with a high level of product innovation and service."

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