B/E Aerospace to Acquire TSI Group, Inc.
finance.yahoo.com
TSI is the market leader in the design, engineering and manufacturing of customized, fully integrated, thermal management and interconnect solutions that address complex power management requirements of OEMs in the aerospace and defense industries.
“Demand for aerospace thermal management products and systems is expected to grow at a healthy rate over the next decade as a result of changing electronics technologies at both the component and system level as well as the continued introduction of More Electric Aircraft (MEA), such as the Boeing B787 and B747-8 and the Airbus A350. Power management products have become critical components for the newer MEA, and demand for truly innovative power management solutions is growing as power and computing requirements increase, as space becomes more limited, and as heat dissipation and payload weight become more critical. In addition, there is also greater emphasis on control of EMI/RFI emissions from aircraft power equipment, requiring efficient, electrically quiet designs,” said Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace. |
