Measurement Specialties acquires Entran

July 19, 2004 – Measurement Specialties Inc. (Amex: MSS, News, Web) has acquired micro sensor maker Entran Devices Inc. of Fairfield, N.J., and its French affiliate Entran SA .

Measurement Specialties, a MEMS sensor maker also based in Fairfield, is expected to close Monday on the $9.5-million deal. It is acquiring the capital stock of Entran for $6 million, as well as the assumption and discharge of $1.5 million in debt and a $2 million deferred payment, according to a news release.

Entran designs and makes motion, pressure and force sensors primarily for automotive crash test and motor sport racing markets. Customers include Peugeot, Ferrari, Hyundai, Daimler-Chrysler and Toyota Motorsport.

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