Friday, March 23, 2012
RTI Electronics Acquired By API Technologies
Anaheim-based RTI Electronics, a provider of passive electronic components, including thermistors, film capacitors, magnetic transformers and inductors, has been acquired in an asset deal, according to Orlando, Florida-based API Technologies. API Technologies said it paid $2.3M in cash for RTI's assets. RTI had revenues of approximately $4M in 2011.