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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.
TE Connectivity completed its public takeover of First Sensor AG, now holding 71.87% of shares. First Sensor is a sensor technology company with expertise in photonics, pressure and advanced electronics.
TE Connectivity signed a definitive agreement to acquire the Kissling Group, a provider of high-power relays and ruggedized switches for commercial vehicle, transportation, industrial, military and aviation markets. The transaction is expected to close May 30, 2019.