Astrodyne TDI (pending)
2026
$1.4B
Why
Add power management and filtering products with more than $250 million of annual sales; announced July 22, 2026, expected to close by end of calendar 2026.
TE Connectivity plc
Electronic components and sensor manufacturingFounded 2007- HQ today: Galway, Ireland
Reviewed by Swet Parvadiya
Company data updated: October 2026
Acquisitions
TE Connectivity Acquisitions
5
Major Deals Covered
$6.3B
Disclosed Deal Value
What are TE Connectivity's biggest acquisitions?
TE Connectivity's largest disclosed acquisition here is Richards Manufacturing for $2.3B in 2025. This page covers 5 major deals from 2014 to 2026, each with its price where disclosed and the reason behind it.
- Major deals covered
- 5
- Largest deal
- Richards Manufacturing ($2.3B)
- First deal
- 2014
- Most recent
- 2026
| Company | Year | Price | Purpose |
|---|---|---|---|
| Measurement Specialties | 2014 | $1.7B | Build a broad sensor portfolio. |
| Creganna Medical | 2016 | $895.0M | Add minimally invasive medical device components. |
| First Sensor | 2020 | Undisclosed | Expand sensor capabilities in industrial, medical and mobility markets. |
| Richards Manufacturing | 2025 | $2.3B | Expand in North American utility grid products; bought from Oaktree funds and the Bier family, closed April 1, 2025. |
| Astrodyne TDI (pending) | 2026 | $1.4B | Add power management and filtering products with more than $250 million of annual sales; announced July 22, 2026, expected to close by end of calendar 2026. |
- What companies has TE Connectivity bought?
- Major acquisitions by TE Connectivity documented here include Richards Manufacturing (2025), Measurement Specialties (2014), Astrodyne TDI (pending) (2026), Creganna Medical (2016) and First Sensor (2020).
- What is TE Connectivity's most recent acquisition?
- The most recent TE Connectivity acquisition documented here is Astrodyne TDI (pending), in 2026, for $1.4B.
Richards Manufacturing
2025
$2.3B
Why
Expand in North American utility grid products; bought from Oaktree funds and the Bier family, closed April 1, 2025.
First Sensor
2020
Why
Expand sensor capabilities in industrial, medical and mobility markets.
Creganna Medical
2016
$895M
Why
Add minimally invasive medical device components.
Measurement Specialties
2014
$1.7B
Why
Build a broad sensor portfolio.
TE Connectivity plc's Growth & Acquisition Strategy
TE's growth plan rests on three levers. First, content growth in vehicles: more high-voltage and high-speed data connectors per car than a combustion vehicle needs, which let Transportation grow 5% organically in Q3 FY2026 while end markets were softer. Second, AI and energy infrastructure in Industrial Solutions, where sales grew more than 20% in Q3 FY2026. Third, bolt-on acquisitions in industrial and energy niches: Richards Manufacturing ($2.3 billion, closed April 2025) added North American utility grid products, and in July 2026 TE agreed to buy Astrodyne TDI from Tinicum for about $1.4 billion, adding more than $250 million of annual power-management sales. Strong free cash flow funds both the deals and buybacks and dividends.
How TE Connectivity plc Makes Money
TE Connectivity earns revenue by selling engineered connectors, sensors, relays, terminals, wire and cable assemblies to manufacturers that design them into long-lived products. Engineers co-design parts with automakers, industrial OEMs, data-center hardware makers, utilities and aerospace and medical customers; once a part is qualified for a platform, it tends to ship for the life of that program. Since fiscal 2025 TE reports two segments. Transportation Solutions (about 54% of FY2025 net sales) covers automotive, commercial transportation and sensors. Industrial Solutions (about 46%) covers automation and connected living, aerospace, defense and marine, energy, digital data networks and medical. Industrial was the faster grower in fiscal 2026, with sales up more than 20% in the third quarter on AI data-center and grid demand, helped by the $2.3 billion Richards Manufacturing acquisition (closed April 2025). Sales go both directly to OEMs and through electronics distributors.
TE Connectivity Acquisitions FAQ
What was the landmark acquisition of AMP in 1999 that created the foundation of TE?
In April 1999, Tyco International acquired Aircraft-Marine Products (AMP) for US$11.3 billion, forming the nucleus of Tyco Electronics, which was later spun off as TE Connectivity in 2007.
Why was the US$2.05 billion acquisition of Deutsch Group in 2012 transformative?
In April 2012, TE acquired Deutsch Group for $2.05 billion, securing premier harsh-environment, heavy-duty electrical connectors for aerospace, defense, marine, and commercial transportation, cementing TE's global industry leadership.
How did the acquisition of Measurement Specialties in 2014 establish TE as a sensor leader?
In October 2014, TE acquired Measurement Specialties for US$1.7 billion, creating an industry-leading sensor business providing temperature, pressure, position, vibration, and humidity sensors alongside electrical connectors.
What was the strategic rationale behind acquiring Richards Manufacturing for $2.3 billion in 2025?
In April 2025, TE acquired New Jersey-based Richards Manufacturing for $2.3 billion in cash, adding mission-critical medium- and high-voltage underground power connectors to capitalize on multi-billion dollar North American electric grid modernization.
What are the details of TE Connectivity's $1.4 billion acquisition of Astrodyne TDI in 2026?
In July 2026, TE agreed to acquire Astrodyne TDI from Tinicum for approximately $1.4 billion, adding advanced power supplies and EMI filters for high-growth military, medical, and semiconductor manufacturing equipment markets.
Why did TE acquire Creganna Medical in 2016 for $895 million?
In 2016, TE acquired Ireland-based Creganna Medical for US$895 million, expanding its medical devices business into minimally invasive delivery catheter devices for interventional cardiology and neurology.
What was the ADC Telecommunications acquisition in 2010?
In December 2010, TE acquired ADC Telecommunications for US$1.25 billion to expand fiber-optic and broadband connectivity for telecommunications and wireless carrier networks.
Why did TE divest its Broadband Network Solutions (BNS) business to CommScope in 2015?
In August 2015, TE sold its telecom broadband network solutions division to CommScope for US$3.0 billion, strategically redirecting capital away from carrier infrastructure and into harsh-environment industrial and automotive interconnects.
What was the acquisition of First Sensor AG in 2020?
In 2020, TE acquired German sensor specialist First Sensor AG for approximately €300 million, enhancing its optical, pressure, and LiDAR sensor portfolio for automotive ADAS and industrial automation.
How did TE acquire Linx Technologies in 2022?
In 2022, TE acquired Linx Technologies, a leading provider of wireless IoT antennas, RF modules, and coaxial connectors, broadening TE's connectivity capabilities for smart cities, industrial IoT, and fleet telematics.
What is TE Connectivity's disciplined M&A criteria?
TE targets bolt-on acquisitions in harsh-environment niches, industrial electrification, AI computing, and medical applications that offer clear engineering synergies, deliver returns above cost of capital by Year 3, and are accretive to EPS.
How does TE finance its acquisition program while maintaining share buybacks?
Supported by over $2.5 billion in annual free cash flow and a low net debt-to-EBITDA ratio (1.5x–1.8x), TE funds strategic M&A through cash flow and modest debt while continuing to return two-thirds of free cash flow to shareholders.
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