TE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity, today announced that it has completed the acquisition of American Sensor Technologies, Inc. (AST), a manufacturer of pressure and position sensing solutions with 2013 revenues of approximately $20 million. The acquisition further expands TE’s growing portfolio of sensors and sensor systems.
AST specializes in manufacturing products incorporating their proprietary technologies for use in high performance, harsh and extreme environments such as high corrosion, high and low temperatures, and toxic and hazardous materials settings. AST’s products serve several industries including marine and offshore oil and gas, energy and power generation, industrial controls, aerospace and defense, and industrial and commercial transportation.
The organization will become part of the TE Sensor Solutions business unit led by President David Coughlan. The Sensor Solutions business unit reports into TE’s Transportation Solutions segment.
