Littelfuse, an industrial technology manufacturing company, today announced it has acquired Embed. Founded in 2005, Embed is a provider of embedded software and firmware developed for a range of applications serving transportation end markets. Embed is headquartered in Coventry, United Kingdom.
"We are excited to welcome the Embed team to Littelfuse," said Matt Cole, Littelfuse Senior Vice President, eMobility and Corporate Strategy. "The addition of Embed will help us better serve our customers by expanding our software engineering expertise and technical capabilities. With the increasing complexity of electronification within transportation applications, the inclusion of Embed will help Littelfuse respond quickly to the evolving needs of our customers.”
Littelfuse will share additional details about Embed during the company’s first quarter of fiscal 2022 earnings conference call.
Littelfuse's latest acquisition comes only a few days after the company entered a definitive agreement with an affiliate of Sun Capital Partners to acquire C&K Switches at an enterprise value of $540 million. Founded in 1928, C&K Switches is a designer and manufacturer of electromechanical switches and interconnect solutions with a global presence across a range of markets including industrial, transportation, aerospace, and datacom. The company, headquartered in Waltham, Massachusetts, has annualized sales of over $200 million.