Carlisle to Acquire Specialty Connector Company.Business Editors SYRACUSE, N.Y.--(BUSINESS WIRE)--Feb. 28, 2001 Carlisle Companies Incorporated (NYSE NYSE See: New York Stock Exchange :CSL (Computerese as a Second Language) Said of people who love to speak high-tech words even though they often use them erroneously. See TLA. 1. CSL - Computer Structure Language. A computer hardware description language, written in BCPL. ) announced today that its Tensolite Company subsidiary signed a letter of intent to acquire Connecting Devices Connecting devices allow hardware devices to communicate with each other. The most popular example of connecting devices nowadays is wireless connections. Wireless devices transfer and receive information through infrared or radio waves. , Inc., a designer and manufacturer of RF/microwave connectors and cable assemblies serving the wireless, internet infrastructure and opto-electronic switch markets. Connecting Devices, Inc. has 175 employees and operates from facilities in Long Beach, California Long Beach is a city located in southern Los Angeles County, California, USA, on the Pacific coast. It borders Orange County on its southeast edge. It is about 20 miles (30 km) south of downtown Los Angeles. . John Berlin, President of Tensolite Company, stated "The acquisition of Connecting Devices, Inc. adds considerably to Tensolite's RF/microwave interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. product portfolio and engineering capabilities. Connecting Devices, Inc. will enhance our package of high-end systems and strengthen Tensolite's ability to serve a number of rapidly growing communications markets." A closing is expected in the first quarter of this year. Terms of the transactions were not announced. Carlisle is a diversified manufacturer of products serving four major markets: construction materials, industrial components, automotive components and general industry. |
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