Interconnect Devices
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Interconnect Devices - overview
Location
-, KS, US
Primary Industry
Business Support Services
About
Interconnect Devices specializes in providing high-reliability connectivity solutions designed for critical applications in aerospace, defense, medical, and industrial sectors. Interconnect Devices develops connectivity technologies for high-demand sectors. The company was acquired by Smiths Group in March 2010 for USD 185 mn. It is headquartered in Kansas City, US.
Interconnect Devices offers a variety of high-reliability connectivity products, including connectors, cable assemblies, and antenna systems, with a notable product being the EZiCoax designed for board-to-board signal transmissions. Their products cater to clients in aerospace, defense, medical, and semiconductor testing markets, with global sales predominantly in North America, Europe, and Asia. Interconnect Devices generates revenue through direct sales of connectivity solutions under project-based contracts and direct agreements. Revenue streams include sales of key products such as the EZiCoax and cable assemblies, with pricing based on product specifications and customization levels, fostering lasting partnerships with clients.
Following the sale in March 2010, Interconnect Devices aims to enhance its product line and expand into new markets. Emphasis will be placed on developing innovative connectivity solutions to meet emerging market needs. The company plans to leverage its funding from the recent acquisition to support research and development activities aimed at launching new products in the next few years, while targeting growth opportunities in Asia and Europe.
Primary Industry
Business Support Services
Sub Industries
Engineering
Website
www.idinet.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Interconnect Devices - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Interconnect Devices | - | ||||||||
| Buyout | Completed | Interconnect Devices | - |
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