CTS acquires temperature sensor supplier

QTI Sensing Solutions, acquired by CTS, supplies temperature sensors for industrial, aerospace, defense and medical applications.
QTI Sensing Solutions, acquired by CTS, supplies temperature sensors for industrial, aerospace, defense and medical applications.

Components supplier CTS Corporation has further broadened its product line by acquiring temperature sensor supplier Quality Thermistor, Inc. (QTI), for $75 million in cash and an earn out of up to five million dollars on meeting pre-defined performance objectives.

QTI, doing business as QTI Sensing Solutions, supplies temperature sensors serving OEMs in the industrial, aerospace, defense and medical markets. QTI’s sensors measure temperature in gas, liquid or solid mass, depending on the application, to ensure equipment performance and reliability. The company, founded in 1977, is based in Boise, ID, with a plant in Tecate, Mexico.

CTS will leverage QTI’s brand value and recognition by continuing to operate under the QTI Sensing Solutions brand.

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For CTS, the acquisition adds to a comprehensive product line that already includes encoders and potentiometers, EMI/RFI filters, piezoelectric products, crystals and oscillators, rotary actuators, thermal products, specialty capacitors and resistors, switches, and a wide range of sensors.

“The acquisition of QTI provides CTS a new core temperature sensing technology, expanding our sensing product portfolio and building on our strategy to focus on innovative products that sense, connect and move,” said Kieran O’Sullivan, CEO of CTS Corporation, in a statement. “Additionally, I’m excited to be adding a very talented team to CTS, while increasing CTS’ presence in the industrial and medical markets and adding new and valuable customer partnerships.”

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