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ACQUISITION: Spear Power Systems acquired by Sensata Technologies

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Acquisition, divestment & Spinoff

The transaction's financial terms were not disclosed.

Sensata Technologies, a leading industrial technology company and provider of sensor-rich solutions and insights for customers, announced the acquisition of Spear Power Systems, a leader in lithium-ion based energy storage solutions for mission-critical and demanding end user applications, according to an official press release dated 23 August.

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