Source: PHILADELPHIA BUSINESS JOURNAL

AdvancedCath: TE Connectivity to acquire catheter company for $190M

TE Connectivity Ltd. announced Wednesday it will acquire a Minnesota-based catheter company for $190 million. TE Connectivity (NYSE:TEL) is a Switzerland maker of electronic and telecommunications components and systems. It has executive offices in Berwyn, Pa. AdvancedCath, the company it's set to acquire by March, is a source of advanced catheter systems with estimated revenues of $60 million. The acquisition for TE's medical business "complements and significantly expands TE's connectivity and…

Read full article »
Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
Randall Sword's photo - President & CEO of AdvancedCath

President & CEO

Randall Sword

CEO Approval Rating

69/100

Read more