Sensata Technologies (NYSE: ST), a leading provider of sensors and sensor-rich solutions for various industries, announced today that it will be added to the S&P MidCap 400 Index, a widely followed index of mid-sized companies. The inclusion will take effect from Monday, September 18, 2023. The company’s CEO and President, Jeff Cote, said that the…
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Sensata Technologies acquires Xirgo Technologies for $400 million
SWINDON: Sensata Technologies has completed the previously announced acquisition of leading telematics and data insight provider, Xirgo Technologies Intermediate Holdings LLC for $400 million. Sensata completed the acquisition of 100% of the shares from private equity firm HKW and other shareholders following receipt of regulatory approval from all authorities required by the agreement. The acquisition…