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Wise Road Capital, through affiliates, agreed to acquire a 100% interest in Swiss pressure and flow measurement component maker Huba Control from Siemens, subject to closing conditions.
ams and Wise Road Capital signed an agreement to create a joint venture, ScioSense, for environmental, flow and pressure sensors, with ams transferring its sensor business and a valuation of about USD 120 million. The company is headquartered in the Netherlands.
