CTS Acquires Filter Sensing Technologies
Elkhart, Ind. – CTS Corporation (NYSE: CTS) announced that it has acquired Filter Sensing Technologies (FST). FST is a start-up founded by two Massachusetts Institute of Technology (MIT) Ph. D. graduates. FST is located in the Boston area with expertise in radio frequency measurement and control sensors for passenger car, commercial vehicle, off-road and other transportation applications. The acquisition also provides CTS with cutting edge intellectual property in this field.
The acquisition of FST provides CTS a core sensing technology utilizing proven radio/microwave frequencies to directly measure particulate levels in vehicle filters. This direct measurement method is superior to existing sensors as it improves the control and diagnostics of after treatment systems. This technology will enable both fuel economy and diagnostic improvements, ensuring optimal system performance. CTS’ demonstrated performance in ground transportation embedded electronics and software coupled with its expertise in radio frequency technology is the ideal fit to optimize and commercialize FST’s technology.
“We would like to welcome the FST team to CTS and are very excited to add this new technology to the CTS portfolio. It aligns well with our strategy to focus on innovative products that sense, connect and move,” said Kieran O’Sullivan, CEO of CTS Corporation. “This acquisition puts us in a position to introduce new products and open new markets for CTS that will drive future profitable growth.”
About CTS
CTS (NYSE: CTS) is a leading designer and manufacturer of sensors, actuators and electronic components to OEMs in the aerospace, communications, defense, industrial, information technology, medical and transportation markets. CTS manufactures products in North America, Europe and Asia.
Contact
Ashish Agrawal
Vice President and Chief Financial Officer
CTS Corporation
2375 Cabot Drive
Lisle, IL 60532
USA
Telephone +1 (574) 523-3800
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