|
|
Article: TT Group PLC Acquires BI Technologies; Broadens Resistor, Trimmer, Potentiometer and Hybrid Capabilities.
- Article from:
- Business Wire
- Article date:
- January 10, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors/High Tech Writers
RALEIGH, N.C.--(BUSINESS WIRE)--Jan. 10, 2000
TT Group expands global presence as a leading passives
manufacturer...
TT Group PLC, the UK-based parent company of resistor manufacturer IRC and automotive sensor supplier AB Automotive Inc., announced the acquisition of passives manufacturer BI Technologies Corporation, a wholly owned subsidiary of Emerson Electric Co., effective January 10, 2000.
With annual sales in 1999 of $93 million, BI Technologies will significantly expand the passives portfolio of TT Group's companies, which already includes IRC (resistors) and MMG (ferrites, magnetics) ...