Medical and industrial manufacturer acquired
TT Electronics announced the acquisition of Power Partners, a provider of medical and industrial specialist power products for the North American market. The firm is based in Boston, Mass., and is intended to complement TT’s global power electronics business. It also builds TT’s competitive advantage in the connected health arena, tapping into Power Partners’ expertise in power solutions design for a broad spectrum of medical applications.
This acquisition also supports TT’s global growth strategy as the company looks to expand its focus on design-led technology solutions and value-added complementary products. Building on recent acquisitions of Stadium Group plc and Precision Inc., this business activity is integral to TT’s emphasis on innovation, higher margins, and a strong position in complex electronics design and manufacturing. TT systems and solutions are underpinned by design and integration capabilities and dedicated R&D centers focused on technology developments in power management, wireless connectivity, human-machine interfaces (HMI), and single board computing (SBC).
Power Partners also serves industrial customers in applications including telecommunications, printers, test and measurement instruments, factory automation, industrial controls, and consumer communications/networking devices.
– Edited from a TT Electronics press release by CFE Media. See more Control Engineering energy and power stories.