steute Technologies

Assembly Line

Battery Ventures Agrees to Acquire Medical and Industrial-Automation Company steute Technologies

đź“… Date:

đź”– Topics: Acquisition

🏢 Organizations: Battery Ventures, steute Technologies


Battery Ventures, a global, technology-focused investment firm, announced it has agreed to acquire steute Technologies GmbH & Co. KG, a company with over 60 years of experience in manufacturing innovative technology solutions for the medical and industrial sectors.

Based in Löhne, Germany, steute is a global manufacturer of switches, sensors and other products that enable increased automation and safety. The company’s product line includes certified medical-control devices that help precisely control medical equipment in operating rooms globally.

In addition to the medical industry, steute’s sensor and switching devices are pivotal in industrial environments—where safety and reliability are paramount—particularly in environments that must withstand explosive or corrosive conditions and extreme temperatures. steute also provides automation solutions across the shop floor by wirelessly connecting key elements of manufacturing.

Read more at Business Wire