According to James Consulting, TE Connectivity will acquire Silicon Microstructures, a MEMS pressure sensor manufacturer based in California, from German semiconductor company Elmos Semiconductor.
Elmos acquired Silicon Microstructures in 2001. Silicon Microstructures has a 25-year history and has its own MEMS fab in California, where it develops and manufactures MEMS pressure and flow sensors for industrial and automotive applications, including ultra low voltage, ultra high pressure, harsh environments and space. Related products for restricted applications.
Silicon Microstructures also expands its healthcare business with products such as IntraSense. The IntraSense family of piezoresistive MEMS pressure sensors are used for in vivo pressure measurement of invasive medical devices.
Silicon Microstructures' IntraSense product line for invasive medical devices such as catheters and endoscopes
Anton Mindl, CEO of Elmos Semiconductor, said in a statement: "The IntraSense family of products has now reached a certain stage, and it can be marketed faster through a well-funded partner with a broad market base (such as TE). Expand revenue."
According to Elmos, the sale of Silicon Microstructures will mark the discontinuation of Elmos' MEMS business. Elmos will focus on its core semiconductor business, primarily for automotive communications, security, powertrain and networking applications.
TE Connectivity will complete the transaction through its subsidiary Measurement Specialties (Pennsylvania, USA), and Silicon Microstructures will be part of the sensor manufacturer Measurement Specialties. Measurement Specialties itself was acquired by TE Connectivity in 2014. The deal is expected to create synergies between Silicon Microstructures' MEMS design and manufacturing capabilities combined with TE Connectivity's operational scale, customer base and existing sensors.
The transaction is expected to be completed by the end of 2019, and the parties have not disclosed the specific amount of the transaction.