CTS Corp. finalizes acquisition of Tusonix Inc.
ELKHART, Ind., 30 Jan. 2008. CTS Corp. has completed the acquisition of Tusonix Inc., a leader in the design and manufacture of ceramic EMI/RFI (electromagnetic interference and radio frequency interference) filters, capacitor assemblies, and related components.
On January 24, 2008, CTS Corp. announced that it had signed a definitive agreement and would close by the end of January 2008.
The acquisition will expand CTS' technology and customer base within the Components and Sensors segment, adding approximately $15 million of revenue in 2008.