# TE Connectivity to acquire ERNI Group AG

TE Connectivity announced plans to acquire ERNI Group AG, a leading firm in electronic connectivity for factory automation and automotive. The transaction is expected to close by the end of the current quarter.

- Type: Acquisition
- Announced: 2021-07-13
- Where: Switzerland
- Status: announced
- Products: electronic connectors, high-speed connectors, fine-pitch connectors
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [TE Connectivity](https://endata.com/companies/16155.md) (acquirer)
- [ERNI Group](https://endata.com/companies/56432.md) (target)

## Sources

- [te.com](https://www.te.com/en/about-te/news-center/acquire-erni-group-ag.html), 2021-07-13: "TE Connectivity announced plans to acquire ERNI Group AG, a leading firm in electronic connectivity for factory automation and automotive"

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