Friday, March 23, 2012

RTI Electronics Acquired By API Technologies

Anaheim-based RTI Electronics, a provider of passive electronic components, including thermistors, film capacitors, magnetic transformers and inductors, has been acquired in an asset deal, according to Orlando, Florida-based API Technologies. API Technologies said it paid $2.3M in cash for RTI's assets. RTI had revenues of approximately $4M in 2011.

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