TE Connectivity has acquired MicroGroup, a Medway, Mass.–based provider of precision metal shafts for medical devices.
The deal, which TE Medical SVP and general manager Paraic Curtis announced in a message to customers on May 1, is but the latest in a number of acquisitions TE has made in recent years to strengthen its medical device design and manufacturing capabilities. Last year, the Swiss connectors and sensors giant said it would buy Irish medical device maker Creganna Medical for $895 million. In 2015, TE said it had agreed to buy advanced catheter company AdvancedCath for $190 million.
Get the full story on our sister site, Medical Design & Outsourcing.
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