Sensata acquires Calif.-based electrification company for $233M

ATTLEBORO – Sensata Technologies Inc. has entered into an agreement to acquire California-based GIGAVAC LLC for an approximate enterprise value of $233 million funded out of Sensata’s cash reserves, the company announced this week. GIGAVAC has more than 270 employees, according to Sensata, and will be used to immediately augment Sensata’s sensing and electrical protection…

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