Sensors & Transducers e-Digest, Vol. 56, Issue 6, June 2005: Business News
(ISSN 1726- 5479)
Landing, NJ, June 1, 2005 - American Sensor Technologies (AST), manufacturer of state-of-the-art, MEMS-based pressure sensors, transducers, and transmitters, today announced it has acquired in its entirety the capital stock of Macro Sensors, LVDT manufacturer innovators. Through the acquisition, AST can offer a greater depth of sensor products and expertise to better serve its OEM and end-user client base.
“The combined resources of AST and Macro Sensors offer the sensor market hundreds of years of product and technology experience in both LVDT and pressure sensor applications,” notes Karmjit S. Sidhu, AST Vice President of Business Development. “With AST’s involvement in Macro Sensors’ future, the joint companies can forge ahead to introduce new and enhanced sensor products to the market.”
Macro Sensors (www.macrosensors.com) will continue to operate under its own “brand” name from its existing facilities in Pennsauken, New Jersey without interruption. No management changes are anticipated. Macro Sensors manufactures innovative LVDT-based linear and rotary sensors, gaging probes, support electronics and accessories in providing complete measurement solutions for both OEM and end-user applications.
AST designs, develops, manufactures and markets state-of-the-art, high performance sensors incorporating Micro Electro Mechanical Structures (“MEMS”) and is rapidly becoming recognized as an innovative leader in the pressure sensor industry.
“This is another significant milestone in AST’s rapid growth,” explains Richard E. Tasker, AST Chief Executive Officer. “We are pleased to have the opportunity to incorporate Macro Sensors and its fine line of LVDT-based products into the AST portfolio of pressure sensors and switches. As the two product lines are very complementary to each other, we expect this merger to provide significant benefit to our customers.”
Karmjit S. Sidhu
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