TE Connectivity Ltd. today announced that it has completed the acquisition of the SEACON group, a worldwide provider of underwater connector technology and systems (map of SEACON Group locations at right).
The El Cajon, California-based SEACON group serves the military marine and subsea sectors with remotely operated vehicles (ROV), autonomous underwater vehicles (AUV), oil and gas, environmental, and oceanographic applications. The group will become part of TE’s industrial solutions division under the leadership of Terrence Curtin, president, Industrial Solutions, and will be integrated into the Aerospace, Defense and Marine business unit.
TE previously announced the definitive agreement to acquire the SEACON group on 2 April 2014.
“The addition of the SEACON group combines their fiber optic capability, TE’s cable product line, and the power connector range from the Dutch acquisition to create a leading product offering for undersea applications,” said Terrence Curtin, president, TE Industrial Solutions. “The acquisition will enable us to accelerate our growth in the very attractive oil and gas sector by leveraging TE’s scale and reach to serve more customers around the world.”
TE Connectivity (rebranded in March 2011; formerly named Tyco Electronics Ltd.) is incorporated in Schaffhousen, Switzerland, but maintains executive headquarters in Berwyn, Pennsylvania.
TE Connectivity acquires SEACON, 17 April 2014