Interlink acquires SPEC Sensors, KWJ Engineering for approx $2mn
Interlink Electronics, Inc. has announced that it has acquired the businesses of SPEC Sensors and KWJ Engineering, two designers and manufacturers of gas, air and environmental quality sensors, for approximately $2 million (€1.88 million).
“We are excited to add SPEC and KWJ to Interlink’s already-robust sensors portfolio and capabilities,” says Steven N. Bronson, chairman, president, and CEO of Interlink. “We view this as the first of many acquisitions that will enable Interlink to create a diversified portfolio of cutting-edge sensor technologies.”
SPEC/KWJ bring with them a multi-decade portfolio of gas sensor intellectual property as well as an accomplished engineering and product development team. SPEC/KWJ’s trailing twelve months revenue was over $4 million (€3.77 million) through November 2022.
“This acquisition meaningfully advances Interlink’s resources and product offerings, gives us a significant presence in Silicon Valley and adds engineering talent and intellectual property in gas and air quality sensing that is difficult to replicate,” says Mr. Bronson.
Ed Stetter, CEO of SPEC and KWJ adds “Our team is very excited to join the Interlink family, and we look forward to building on our history and leveraging Interlink’s expertise and global reach to expand our markets and our product offerings.”
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