{"id":406719,"date":"2020-12-30T16:33:10","date_gmt":"2020-12-30T21:33:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=406719"},"modified":"2020-12-30T16:33:10","modified_gmt":"2020-12-30T21:33:10","slug":"cts-acquires-temperature-sensors-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cts-acquires-temperature-sensors-company\/","title":{"rendered":"CTS Acquires Temperature Sensors Company"},"content":{"rendered":"<div class=\"mw_release\">\n<p>LISLE, Ill., Dec.  30, 2020  (GLOBE NEWSWIRE) &#8212; CTS Corporation (NYSE: CTS) announced that it has acquired Sensor Scientific, Inc. (SSI), a privately held temperature sensing company.<\/p>\n<p>Founded in 1983, Sensor Scientific is a manufacturer of high-quality thermistors and temperature sensor assemblies serving original equipment manufacturers (OEMs) for applications that require precision and reliability in the medical, industrial and defense markets. Sensor Scientific is based in Fairfield, New Jersey with a location in the Philippines.<\/p>\n<p>\u201cThe acquisition of SSI expands our temperature sensing product portfolio and builds on our strategy to focus on innovative products that sense, connect and move,\u201d said Kieran O\u2019Sullivan, CEO of CTS Corporation. \u201cSSI has complementary capabilities with our existing temperature sensing platform and expands CTS\u2019 presence in the medical end market. It also provides high quality ceramic processing capabilities and valuable customer partnerships. I am pleased to welcome the SSI team to CTS.\u201d<\/p>\n<p>The terms of the transaction were not disclosed.<\/p>\n<p>\n        <strong>About CTS<br \/><\/strong>CTS (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect, and Move. The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia, and provides engineered products to customers in the aerospace\/defense, industrial, medical, telecommunications\/IT, and transportation markets.<\/p>\n<p align=\"justify\">For more information on CTS Corporation, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9LyinTkhp04BZ9wQ0gonU6p5_1ry0zeoXQFUsmjtjo9G314qKIrCpxShed1HMXabNVYHcR2MwEPhQhBbz_UCnw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.ctscorp.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About Sensor Scientific, Inc. <\/strong><br \/>\n        <br \/>Founded in 1983, and headquartered in Fairfield, New Jersey, Sensor Scientific, Inc. (SSI) designs, develops, and manufactures thermistors and temperature sensor assemblies for medical, industrial and defense industries.<\/p>\n<p>For more information on Sensor Scientific, Inc. (SSI), please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=N6n9niGh5LZWT17T2T6DoNo-j0h6r4HhEELuU0AgTGCJqmoS2_vGfY9GGziATP6lU9jet23A3Ddbl68i2Aw4mWhCLRCPWVffliEjw6XuQ_0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sensorsci.com<\/a>.<\/p>\n<p>\n        <strong>Media Relations Contact<\/strong><br \/>\n        <br \/>Jacqueline Morris<br \/>Marketing and Communications Manager <br \/>CTS Corporation<br \/>4925 Indiana Avenue<br \/>Lisle, IL\u00a0 60532<br \/>E-mail: MediaRelations@ctscorp.com<br \/>Tel.:\u00a0 +1 (630) 577-8865\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTAxNyMzOTAwMjE2IzIwMDY3MDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/587a819a-e7fb-4223-b20b-96e8160c46d4\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LISLE, Ill., Dec. 30, 2020 (GLOBE NEWSWIRE) &#8212; CTS Corporation (NYSE: CTS) announced that it has acquired Sensor Scientific, Inc. (SSI), a privately held temperature sensing company. Founded in 1983, Sensor Scientific is a manufacturer of high-quality thermistors and temperature sensor assemblies serving original equipment manufacturers (OEMs) for applications that require precision and reliability in the medical, industrial and defense markets. Sensor Scientific is based in Fairfield, New Jersey with a location in the Philippines. \u201cThe acquisition of SSI expands our temperature sensing product portfolio and builds on our strategy to focus on innovative products that sense, connect and move,\u201d said Kieran O\u2019Sullivan, CEO of CTS Corporation. \u201cSSI has complementary capabilities with our existing temperature sensing platform and expands CTS\u2019 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cts-acquires-temperature-sensors-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CTS Acquires Temperature Sensors Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-406719","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CTS Acquires Temperature Sensors Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cts-acquires-temperature-sensors-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CTS Acquires Temperature Sensors Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LISLE, Ill., Dec. 30, 2020 (GLOBE NEWSWIRE) &#8212; CTS Corporation (NYSE: CTS) announced that it has acquired Sensor Scientific, Inc. (SSI), a privately held temperature sensing company. Founded in 1983, Sensor Scientific is a manufacturer of high-quality thermistors and temperature sensor assemblies serving original equipment manufacturers (OEMs) for applications that require precision and reliability in the medical, industrial and defense markets. Sensor Scientific is based in Fairfield, New Jersey with a location in the Philippines. \u201cThe acquisition of SSI expands our temperature sensing product portfolio and builds on our strategy to focus on innovative products that sense, connect and move,\u201d said Kieran O\u2019Sullivan, CEO of CTS Corporation. \u201cSSI has complementary capabilities with our existing temperature sensing platform and expands CTS\u2019 &hellip; Continue reading &quot;CTS Acquires Temperature Sensors Company&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cts-acquires-temperature-sensors-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-30T21:33:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTAxNyMzOTAwMjE2IzIwMDY3MDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cts-acquires-temperature-sensors-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cts-acquires-temperature-sensors-company\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CTS Acquires Temperature Sensors Company\",\"datePublished\":\"2020-12-30T21:33:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cts-acquires-temperature-sensors-company\\\/\"},\"wordCount\":281,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cts-acquires-temperature-sensors-company\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExOTAxNyMzOTAwMjE2IzIwMDY3MDQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cts-acquires-temperature-sensors-company\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cts-acquires-temperature-sensors-company\\\/\",\"name\":\"CTS Acquires Temperature Sensors Company - 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