TE Connectivity to boost expertise in high-performance, harsh-environment connectors with Deutsch acquisition
SCHAFFHAUSEN, Switzerland, 30 Nov. 2011. Executives of rugged connector specialist TE Connectivity Ltd. (NYSE:TEL) in Schaffhausen, Switzerland, are seeking to boost their company's expertise in high-performance electrical connectors for use in harsh environments, such as aerospace and defense applications, with their pending acquisition of Deutsch Group SAS in New York. The acquisition sill be for 1.55 billion Euros, which is equal to $2.06 billion.
Deutsch has expertise in hermetics, filtering, high-speed precision machining, and composites. For more information contact TE Connectivity online at http://www.te.com/en/home.html, or Deutsch at www.deutsch.net.
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