Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and systems, today announced that it has entered into a definitive agreement to acquire Pacific Instruments of Concord, California, a privately held company. The acquisition is expected to close promptly, subject to the satisfaction of customary conditions. Pacific Instruments is a designer and manufacturer of high‐performance data acquisition systems. They have extensive experience integrating large, high performance data acquisition and control systems, selling primarily to the aerospace, commercial aviation and defense markets, mainly in the U.S. The company provides installation, facility integration, training and on-going technical support for their manufactured products. In commenting on the acquisition, Marc Zandman, Chairman of the Board of VPG said, “We are excited about this acquisition, as it adds a superior product line to our existing portfolio.” Ziv Shoshani, VPG’s chief executive officer said, “Pacific Instruments’ products provide an excellent extension to our Foil Technology segment, which already offers data acquisition systems, primarily in the field of strain measurement. Pacific has extensive experience integrating large, high performance data acquisition and control systems for government and commercial customers, mainly in the U.S. This combination allows us to bring Pacific Instruments’ premier measurement systems to an expanded geographic and market footprint in Europe and Asia, while significantly improving the engineering capabilities we can bring to our customers for the product segment.” Mr. Shoshani added, “Pacific Instruments’ testing equipment has broader physical measurement capabilities, as their systems cover structural stress and strain analysis with a higher sample rate, higher channel count, higher data throughput and can operate in harsh test environment than our current products. Pacific Instruments has a long standing history of developing and maintaining strong relationships with its customers.” The purchase price for this business is approximately $11.0 million, subject to customary post-closing adjustments. VPG will finance the acquisition through a combination of cash on hand and third party borrowings. Pacific Instruments experienced an average of approximately $9.0 million in annual net sales and an average of approximately $2.8 million in annual EBITDA over the last two years. About VPG Vishay Precision Group, Inc. (VPG) is an internationally recognized designer, manufacturer and marketer of: components based on its resistive foil technology; sensors; and sensor-based systems specializing in the growing markets of stress, force, weight, pressure, and current measurements. VPG is a market leader of foil technology products, providing ongoing technology innovations in precision foil resistors and foil strain gages, which are the foundation of the company's force sensors products and it’s weighing and control systems. The product portfolio consists of a variety of well-established brand names recognized for precision and quality in the marketplace. To learn more, visit VPG at www.vpgsensors.com.