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HAMPTON, Va., Jan. 2 /PRNewswire-FirstCall/ -- Measurement Specialties, Inc. (Nasdaq: MEAS - News), a global designer and manufacturer of sensors and sensor-based systems, announced the acquisition of Intersema Sensoric SA (http://www.intersema.com). Located in Bevaix, Switzerland, Intersema is a leading designer/manufacturer of pressure sensors and modules. MEAS acquired the outstanding capital stock of Intersema for approximately $39.7 million in cash and notes, plus an additional $17.3 million if certain performance thresholds are achieved. MEAS acquired approximately $9.6 million in cash as part of the transaction. The transaction closed December 28, 2007.
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HAMPTON, Va., March 30 /PRNewswire-FirstCall/ -- Measurement Specialties, Inc. , a designer and manufacturer of sensors and sensor-based systems, announced today that it has begun construction of its new Asia- Pacific headquarters in Shenzhen, China. Once complete, the 220,000 square foot facility will be home to nearly 1,600 Company employees engaging in development engineering and manufacturing in support of both regional and worldwide sales.
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HAMPTON, VA /PRNewswire-FirstCall/ -- Measurement Specialties, Inc. (NASDAQ:MEAS) , a global designer and manufacturer of sensors and sensor-based systems, announced that it has acquired the assets of California-based Visyx Technologies. The terms of the transaction were not disclosed.
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