Sept. 11, 2008: Tronics Microsystems SA, a French manufacturer of custom MEMS components and microsystems, has acquired all the assets of California-based MedTech Development LLC, a medical device design and development company.
This acquisition is a first step in Tronics’ plans to increase its presence in the US and in the medical device sector, and strengthen inroads into implantable and external medical devices during the design phase, explained Tronics CEO Peter Pfluger. It also will allow closer customer support through MedTech Development’s locations.
“The medical-device market is continuously developing more intelligent products through the integration of miniaturized sensors and actuators, many of which are MEMS-based. This acquisition is a logical combination of technologies, business models and expertise,” said Enrique Malaret, CEO of MedTech Development.
MedTech Development will operate as a division within Tronics and keep its focus on the medical-device market. Tronics Crolles will remain focused in producing custom MEMS and microsystems for medical, life sciences, instrumentation, transportation, and other industries around the world.