Helios Technologies Signs Definitive Agreement to Acquire i3 Product Development

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May 04, 2023

Helios+Technologies%2C+Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has announced it signed a definitive agreement to acquire i3+Product+Development (or “i3”.) i3 is a custom engineering services firm, with over 55 engineers, embodying expertise in electronics, mechanical, industrial, embedded and software engineering. Their solutions are used across many sectors, including medical, off-highway, recreational and commercial marine, power sports, health and wellness, agriculture, consumer goods, industrial, sports and fitness. Additionally, they specialize in working to transform customer’s ideas into industrial design solutions through rapid prototyping and creating 3D models in-house. A Top+Workplace+award+winner for multiple years in the state of Wisconsin, i3 has locations in both Sun Prairie and Middleton.