Littelfuse smoothly announced $350 million in cash to TE Connectivity circuit protection business mergers and acquisitions. The circuit protection business in the field of polymer can be reset circuit protection device is a global leader, and in the car, battery, industrial, communications and mobile computing market has a strong global coverage. Takeover of business operations center based in menlo park, California, and in tsukuba, Japan, and China's Shanghai and kunshan city have multiple manufacturing center.
Littelfuse will continue to manufacture and sell PolySwitch devices, 2 pro, PolyZen equipment and the acquisition of other protection products.
Littelfuse's chief executive Gordon Hunter said, through the acquisition, the company further strengthen our core circuit protection business - whether in new products or new markets. Believe that after expanding portfolio of products and manufacturing capacity will bring immeasurable development opportunities in the future.