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MSI to Buy MWS Sensorik

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FAIRFIELD, N.J., Dec. 15 -- Measurement Specialties Inc. (MSI), a New Jersey maker of sensors and sensor-based consumer products, announced it has entered into a definitive agreement to acquire MWS Sensorik GmbH for 900,000 euros (€650,000 at close and €250,000 in deferred payments), approximately $1.2 million. The transaction is expected to close on or before Jan. 10 and will be effective as of Jan. 1. MWS, based in Pfaffenhofen, Germany, makes accelerometers and other sensors, which it distributes primarily to the automotive crash test market. Customers include Audi, BMW, Mercedes and...Read full article

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    Published: December 2004
    accelerometersMeasurement SpecialtiesMSIMWS SensorikNews & Featurespiezoresistive sensorsSensors & Detectors

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