- Amphenol ( NYSE: APH ) has finalized the acquisition of Morgan Hill, California-based NPI Solutions.
- Terms of the deal were not disclosed.
- NPI manufactures cable assemblies and value-add interconnect assemblies for industrial applications with a particular focus on semiconductor manufacturing equipment. The business generates annual sales of ~$65M.
- The acquisition is likely to further strengthens the capabilities and enhances Amphenol's ( APH ) product offerings in the industrial market.
- In other news, Amphenol ( APH ) reported better-than-expected Q2 results today
For further details see:
Amphenol finalizes acquisition of NPI Solutions