Boyd Acquires Sensata’s Thermal Testing and Controls Business | New

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SAN JOSE, Calif.–(BUSINESS WIRE)–July 1, 2022–

Boyda global innovator of engineered materials and thermal management technologies, announced the acquisition of the Thermal Test and Controls business of Sensata (NYSE:ST).

This company specializes in the design and manufacture of advanced thermal control systems, adapters and sockets critical to the thermal testing process for high-end logic and memory semiconductors. With a long history of serving the world’s leading semiconductor companies, the addition complements Boyd’s existing thermal business, which includes air-cooled and liquid-cooled thermal management technologies.

Boyd designs and manufactures complex thermal solutions for high performance semiconductors used in applications such as 5G, hyperscale data centers, eMobility and artificial intelligence. With this acquisition, Boyd expands its offering to current semiconductor customers by adding advanced controls and thermal test systems essential to the production of high-end memory and logic devices.

“This acquisition is a natural fit for Boyd and adds to our portfolio of thermal solutions for leading semiconductor companies,” said Doug Britt, CEO of Boyd. “The advanced technologists, materials scientists and solutions of Sensata’s Thermal Testing and Controls business expand Boyd’s presence in the rapidly growing semiconductor industry.”

The acquired business will operate under the Boyd brand – which delivered Trusted Innovation for nearly 100 years. We have completed our acquisition of the business, except in Korea, which is pending customary regulatory approval.

About Boyd

Boyd is the trusted global innovator of sustainable solutions that make our customers’ products better, safer, faster and more reliable. Our innovative engineered materials and thermal solutions advance our customers’ technology to maximize the performance of the world’s most advanced 5G infrastructure and data centers; improving the reliability and extending the autonomy of electric and autonomous vehicles; advancing the precision of cutting-edge diagnostic and personal healthcare systems; enable performance-critical aerospace and defense technologies; and accelerating innovation in next-generation electronics and human-machine interface. Core to Boyd’s global manufacturing is a deep commitment to protecting the environment with sustainable, scalable, lean and strategically located regional operations that reduce waste and minimize carbon footprint. We empower our people, develop their potential, and inspire them to do the right things with integrity and accountability to champion our customers’ success.

Visit us atwww.boydcorp.com

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CONTACT: Friend Jeffries

Boyd

friend.jeffries@boydcorp.com

KEYWORD: CALIFORNIA IRELAND UNITED STATES UNITED KINGDOM NORTH AMERICA ITALY EUROPE

INDUSTRY KEYWORD: 5G ARTIFICIAL INTELLIGENCE HARDWARE SOLID STATE DATA MANAGEMENT TECHNOLOGY

SOURCE: Boyd

Copyright BusinessWire 2022.

PUBLISHED: 01/07/2022 11:29 AM/DISC: 01/07/2022 11:29 AM

http://www.businesswire.com/news/home/20220630005927/en

Copyright BusinessWire 2022.

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