November 9, 2015
Source: PR Newswire
TE Announces Agreement to Sell its Circuit Protection Devices Business
"The sale of CPD is another step in our strategy to focus and expand our leadership position in harsh environment connectivity and sensor solutions," said TE Connectivity Chairman and CEO Tom Lynch. "We believe that our investment dollars are best used in harsh environment connectivity and sensor applications and the CPD business will be better positioned for continued success and growth with Littelfuse. We thank our CPD employees for their hard work and innovative contributions to TE over the years."
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