TE Connectivity completed the acquisition of Linx Technologies from Argosy Private Equity.

TE Connectivity, a technology company that designs and manufactures connectors, completed the acquisition of Linx Technologies, a provider of wireless technology solutions, from Argosy Private Equity, a lower middle market private equity firm. Financial terms were not disclosed. "Argosy Private Equity has been a true partner throughout their investment. Early in our partnership, the IOT market dynamics changed, and we implemented a strategic shift by developing a novel strategy using analytics to guide rapid product development. It is never easy telling your investors that the investment thesis needs to change. Argosy supported the team, while asking tough questions to help refine and develop the right strategy that ultimately led to our rapid growth and successful sale to TE Connectivity," Tolga Latif, Linx Technologies CEO.