TE Connectivity has acquired MicroGroup, a Medway, Mass.–based provider of precision metal shafts for medical devices.
The deal, which TE Medical SVP and general manager Paraic Curtis announced in a message to customers on May 1, is but the latest in a number of acquisitions TE has made in recent years to strengthen its medical device design and manufacturing capabilities. Last year, the Swiss connectors and sensors giant said it would buy Irish medical device maker Creganna Medical for $895 million. In 2015, TE said it had agreed to buy advanced catheter company AdvancedCath for $190 million.
At DeviceTalks Boston, Tyler Shultz will give attendees an inside look at Theranos and how he was able to sound the alarm after he realized the company was falling apart. Shultz will take attendees behind the story that everyone is talking about: the rise and fall of Elizabeth Holmes and her diagnostic company, Theranos.
Join Shultz and 1,000+ medical device professionals at the 8th annual DeviceTalks Boston.