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Sensata Furthers Electrification Strategy with $580M Acquisition of Dynapower 

Sensata Technologies, a manufacturer of sensor and motor products many with magnetic-rich designs, has acquired fast-growing Dynapower Company for $580 million in cash in a move that Sensata emphasizes will advance its efforts to serve expanding electrification markets. No stranger to magnetic technologies itself, Dynapower develops energy storage and conversion products including several types of power transformers.  […]

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eAxles Are the Critical Integration Point, Strategizes Cummins in Meritor Acquisition 

“The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications,” said Tom Linebarger, Chairman and CEO, Cummins. “Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions.  […]