Sensata Technologies acquires GIGAVAC for $233 million

By Charles Morris Industrial sensor specialist Sensata Technologies (NYSE:ST) has reached an agreement to acquire privately-held electrification solution provider GIGAVAC for $233 million.
Sensata is expanding its positions in electrical protection, thermal management and regenerative braking. The addition of GIGAVAC’s portfolio will enable Sensata to tap into the market for high-voltage contactors, which are …read more

Source:: https://chargedevs.com/newswire/sensata-technologies-acquires-gigavac-for-233-million/