1997
In 1997 Raytheon made a strategic decision to focus solely on the defense industry. As a result, they divested their interests in all of their commercial holdings. At that time Switchcraft was sold to company management and a private equity company.
1999
In 1999, Switchcraft acquired Conxall, a manufacturer of circular connectors and cable assemblies, in order to expand their offering of harsh environment connectivity products. They are located in a 32,000 square foot facility in Villa Park, IL. This strategic acquisition helped to position Switchcraft for expanded growth in the Industrial Marketplace.
2011
In 2011, Switchcraft was acquired by HEICO Corporation and became part of their Electronic Technologies Group. Switchcraft is a major supplier of harsh environment connectivity products to the Industrial market and the premier connectivity provider to the Pro-Audio & Broadcast Industries.