Headwaters announced today that it advised Jensen Devices, AB of Stockholm, Sweden, a manufacturer of electronic components, on the sale of its assets to Bourns, Inc of Riverside, California.
Gary Moon, Managing Director and Head of Technology, Media and Telecom Investing Banking at Headwaters MB, added, “We enjoy being involved in transactions like this one pairing Jensen Devices’ innovative and patented FLAT® gas tube technology with Bourns’ worldwide distribution and strong market position in circuit protection solutions, truly a win win for both parties.”
Terms of the transaction were not disclosed.
About Jensen Devices AB
Jensen Devices, headquartered and with manufacturing operations in Stockholm, Sweden, designs and manufactures gas discharge tubes (GDTs). The company is well-known for its Sparctube® series of GDTs which are used for switching ignition circuits for automotive HID headlights. Jensen Devices also services industrial and telecom markets with GDTs used as overvoltage protectors.
Bourns, Inc. is a leading manufacturer and supplier of automotive sensors, circuit protection solutions, magnetic products, microelectronic modules, trimming and precision potentiometers, panel controls and encoders and resistive products. Headquartered in Riverside, CA, Bourns serves a broad range of markets, including telecommunications, computer, industrial, instrumentation, automotive, consumer, non-critical life support medical, audio and various other market segments. Bourns® products are manufactured according to ISO 9000 and ISO 14001 standards under Six Sigma quality programs. Bourns® automotive products are manufactured in accordance with the TS16949 standard.