Ametek Inc., makers of electric motors, battery chargers and products for aerospace, defense and other industries, said Tuesday it has acquired privately held Technical Services for Electronics, maker of medical device components.
TSE, which is based in Arlington, MN, makes engineered interconnect solutions for the medical device industry. Its products are used in ultrasound, neuro-stimulation patient monitoring and other medical applications. Ametek said TSE has annual sales of $50 million.
Ametek bought TSE from Pfingsten Partners LLC, a private equity firm in Chicago. It will become part of Ametek's Electromechanical Group, which supplies electrical interconnects, specialty metals, technical motors, floor care motors and specialty motors.
Latest from Today's Medical Developments
- Stryker’s flexible syndesmotic fixation device stabilizes ankle injuries
- Mergers & acquisitions news: MGS, Quantum Surgical bolster medtech portfolios
- Exchangeable-head solid carbide cutting tools
- NextDent 300 MultiJet printer delivers a “Coming of Age for Digital Dentistry” at Evolution Dental Solutions
- Get recognized for bringing manufacturing back to North America
- Adaptive Coolant Flow improves energy efficiency
- VOLTAS opens coworking space for medical device manufacturers
- MEMS accelerometer for medical implants, wearables