Measurement Specialties Acquires Encoder Devices

Measurement Specialties Inc. acquired the assets of Encoder Devices LLC for $4.4 million. According to the company’s press release, they paid $4 million in cash up front and are deferring the payment of the remaining $400,000. Encoder Devices , based in Plainfield, IL, designs and manufactures rotational sensors by utilizing magnetic encoder technology. Measurement Specialties is also a designer and manufacturer of sensors and is located in Fairfield, NJ.