The global site of the UK's leading magazine for automation, motion engineering and power transmission
3 October, 2022

Twitter link
TI sells sensors business for $1bn
Published:  01 January, 2006

Texas Instruments is selling its Sensors & Controls business the private equity investment firm, Bain Capital, for $3bn in cash. The deal will allow TI to focus on its digital signal processing and analogue semiconductor businesses.

Sensors & Controls has annual revenues of more than $1bn (more than half of this coming from outside North America), and employs about 5,400 people worldwide. It specialises in custom-engineered, application-specific sensors, and control products such as circuit-breakers, switches and thermostats. It produces more than a billion devices a year.

The current management team will continue to run the business. "We are eager to start this new chapter in our history," says president, Thomas Wroe Jr. "We have made tremendous strides improving profitability while growing the business. This transaction will allow us to accelerate our growth and serve our customers more effectively."

  • To view a digital copy of the latest issue of Drives & Controls, click here.

    To visit the digital library of past issues, click here

    To subscribe to the magazine, click here



Drives Show 2024The next Drives & Controls Exhibition will take place in Birmingham, UK, from 16-18 April, 2024. For more information on the event, visit the Show Web site


"Do you think that robots create or destroy jobs?"



Most Read Articles