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BEI Technologies  (Stock symbol: BEIQ ) Acquired by Schneider Electric (2005 $ 562,000,000)

1 Post Street #2500
San Francisco, CA 94014
Website Company Summary Management Team

Outside board: (May no longer be on the board) Ernst KapitzaJohn Love (Oxford Properties Group);  David Richards Michael Young

Business description: BEI Technologies, Inc. was created on September 27, 1997 through a spin-off from BEI Electronics, Inc. The Company's principal business is manufacturing (for 20+ years) sensors, motors, actuators and related products for automation. Through its divisions, each focused on developing new sensor technologies, BEI supplies over 6,000 customers across diverse industries and markets. Specifically, the Company serves automotive, heavy equipment, medical, industrial, office automation, aerospace and military markets with its broad range of sophisticated sensors, motors and subsystems.
Customers include: Applied MaterialsFord Motor CompanyGeneral MotorsHoneywellHPLockheed-MartinNASA;  Baldor Motors and Drives;  Catapillar;  Chrysler;  Cincinnati Milacron;  Delphi;  John Deere;  KulickeAndSoffa;  Northrup Grumman;  Rockwell;  Rockwell Collins;  Schlumberger;  T.I.
Partners include: Athena Technologies;  ThinGap Motor Technologies

Ownership: Acquired by Schneider Electric (2005 $ 562,000,000)
Stock Symbol: BEIQ

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Record updated: Sep 2005
Sector: Medical
Year Founded: 1997
Headcount: 1001-1250 as of May 2002
Ownership: Acquired by Schneider Electric (2005 $ 562,000,000)
Stock Symbol: BEIQ