(NASDAQ:LINK) FREMONT, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today announced that it has executed a non-binding Letter of Intent for the acquisition of a privately held company based in the United Kingdom for an all-cash purchase price of up to approximately $1.9 million, payable in part at closing and in part through a three-year earnout. The company has over two decades of experience in contract manufacturing and outsourced engineering services, and in its last fiscal year, it broke even on revenues of approximately $5 million. The acquisition is subject to the parties’ execution of a definitive purchase agreement, satisfactory due diligence and customary closing conditions and is anticipated to close later this year (however, there can be no guarantee that the transaction will close by then or at all).
Related Questions
How will the $1.9 million acquisition affect Interlink's cash balance and earnings per share in the upcoming quarters?
What are the risks and potential upside of the three‑year earnout component, and how might it influence the transaction's ultimate cost and integration timeline?
How does this acquisition compare to recent M&A activity in the sensor and contract‑manufacturing space, and could it signal a strategic shift that impacts Interlink's competitive positioning?