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Measurement Specialties acquires Pressure Systems, Inc.


September 10, 2010
By Mary Del


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Measurement Specialties, Inc., a global designer and manufacturer of sensors and sensor-based systems, has recently acquired Pressure Systems, Inc. (PSI), a Hampton,Va.-based provider of pressure sensing instrumentation. Measurement Specialites acquired the outstanding capital stock of PSI from Esterline Technologies Corporation, its parent company, for approximately $25 million in cash. The transaction closed September 8, 2010.