History of Airpax Computer Hardware Company:

Airpax was a privately held company that had headquarters in Cambridge, MD. The company was founded in 1947 in Baltimore, Maryland, but was purchased by North American Phillips Corporation in the 1970s. The company also had facilities in Federick, MD; Oviedo, FL; Brownsville, TX; White Bear Lake, MN; Matamoros, Mexico; Shanghai, China; and Sakado, Japan. Before Airpax was acquired by Sensata Technologies, Airpax’s product line consisted of hydraulic-magnetic and thermal circuit breakers, power inverters, semiconductor fuses, thermostats, temperature and speed sensors and E-Plex, a multiplexed monitoring and control system. Airpax’s products are used in the following industries: telecommunications, industrial, recreational vehicles, HVACR, marine, military, medical, information processing, electronic power supply, power generation, over-the-road trucks, construction, and agricultural and alternative energy applications. Airpax was acquired by Sensata Technologies in July 2007 and its four subsidiaries.

About Airpax Computer Hardware Parts and Its Product Range:

The acquisition was a $276 million purchase. Sensata believed by acquiring Airpax, Sensata would be a global leader in supplying sensors and controls across a broad array of markets and applications. The acquisition would also include 2,800 employees that would be part of the Sensata team. It would set Sensata also offered opportunities for operational synergies across both organizations. The Chief Executive Officer of Sensata Technologies at the time, made the following statement regarding the acquisition, “This transaction gives us leading customer positions in electrical protection for high-growth network power and critical, high-reliability mobile power applications and further secures Sensata’s position as a leading designer and manufacturer of sensing and electrical protection solutions for the residential, industrial, heating, ventilation, air-conditioning, military and mobile markets. The purchase also further expands Sensata’s global footprint and offers opportunities for operational synergies across both organizations” The Airpax Chief Executive Officer at the time, Dennis Karr, made the following statement regarding the transaction, We are very excited about this opportunity to bring our expertise, experience and resources to another worldwide leader in the controls and sensors arena. Both Airpax and Sensata will benefit from access to an expanded customer base, wider portfolio and the know-how and technical expertise of the combined organization.” Both companies were excited about the acquisition.

Today Sensata Technologies is a leading designer and manufacturer of sensors and controls. The company provides devices that improve safety, efficiency and comfort for millions of people in the automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air conditioning, data, telecommunications, recreational vehicle and marine applications. The company was founded on April 24, 1916 by Rathbun Willard that initially started the company to provide for a nearby Rhode Island jewelry industry. Some of their products they carry today include: airflow sensors, analytical sensors, automotive sensors, pressure sensors, temperature sensors, DC to AC power inverters & battery chargers, battery protectors, circuit breakers & protectors, lighting control & protectors, motor control & protectors, power control & protectors, solar control & protectors, switches, thermostats and burn-in test sockets.

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