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Delphi Mechatronic Systems Inc history
Delphi Mechatronic Systems Inc company history timeline
1881: Delphi Auto’s earliest predecessor is founded.
Merit Barcelona factory was established in 1941, specialized in manufacturing switches for home.
1994 EATON acquired 100% of the shares
In 1996, Merit has been acquired by Delphi who combined it with another acquisition (Now Merit Barcelona factory) from Eaton to create a product line named Mechatronics.
1997: GM and Hughes Electronics Corporation spin-off of Hughes Defense electronics business and transfer Delco Electronics from Hughes to Delphi.
2002: Delphi Automotive Systems was renamed Delphi Corporation reflecting its diversified business direction.
2004: Delphi was subpoenaed by the Securities & Exchange Commission (SEC) in July for irregular accounting practices and financial transactions.
2005: Delphi disclosed irregular accounting practices.
2006: Delphi announced it would sell off or close 21 of its 29 plants in the United States.
May 2008: Delphi filed a lawsuit against investors.
6 October 2009: Delphi’s core assets were purchased by a group of private investors to create a new Delphi Corporation.
2017 Merit set up a worldwide organizaition and started a brand new journey
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Delphi Mechatronic Systems Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Kollmorgen | 1916 | $820.0M | 2,025 | - |
| Sundyne | 1970 | $116.9M | 200 | 17 |
| MTS Systems | 1966 | $778.0M | 3,500 | - |
| Coperion | 1879 | $480.6M | 50 | - |
| Leoni Wiring Systems | 1994 | $9.6M | 45 | - |
| Aerojet Rocketdyne | 1915 | $2.2B | 4,965 | - |
| Zygo | 1970 | $149.4M | 587 | - |
| FLSmidth Inc | 1928 | $1.2M | 6 | 41 |
| Curtiss-Wright | 1929 | $3.1B | 9,000 | 661 |
| Sensata | 1916 | $3.9B | 200 | 103 |
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