# TransDigm to acquire CPI's Electron Device Business for $1.385B

TransDigm Group has entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries (CPI) for approximately $1.385 billion in cash. The business generated about $300 million in revenue in its fiscal year ended September 30, 2023, and employs approximately 900 people.

- Type: Acquisition
- Announced: 2023-09-11
- Where: United States
- Value: $1.39B
- Status: announced
- Products: electronic components, subsystems for aerospace and defense
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Transdigm](https://endata.com/companies/4650.md) (acquirer)
- [TJC](https://endata.com/companies/13432.md) (investor)
- [Communications & Power Industries](https://endata.com/companies/35038.md) (target)

## Sources

- [moneycontroller.de](https://www.moneycontroller.de/finanznachrichten/transdigm-group-incorporated/transdigm-announces-acquisition-of-the-electron-device-business-of-communications-power-industries-cpi-form-8-k-1693689), 2023-09-11: "We are excited about the acquisition of the Electron Device Business of CPI."

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