<h1>Engineering and electronics firm acquires specialized services company to integrate mechanical and electrical capabilities and scale ER&D for OEMs</h1> An engineering and electronics provider acquired a specialized engineering services firm, onboarding its mechanical and electrical capabilities and experienced engineering personnel to expand into automotive, medical device and aerospace ER&D markets. The target will operate under the acquirer's umbrella with the target's leadership remaining in pivotal roles. The transaction aims to integrate CAD/CAM, mechanical design, analysis, simulation, embedded systems and manufacturing to offer vertically integrated solutions for OEMs, accelerate time-to-market, enable cost optimization and scale talent. The deal forms part of the acquirer's strategy to grow its ER&D market presence and pursue new revenue opportunities across high-growth verticals.