List of 48 Minnesota-based Technology Hardware Companies

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Digi NASDAQ : DGII Hopkins, Minnesota, United States website	Technology Hardware	424	19	18	1
TSI, Inc. Private Shoreview, Minnesota, United States website	Technology Hardware	-	10	10	-
Loffler Companies, Inc. Private Bloomington, Minnesota, United States website	Technology Hardware	-	9	9	-
Pineapple Holdings NASDAQ : PEGY Minnetonka, Minnesota, United States website	Technology Hardware	80	5	3	2
The ADS Group Private Plymouth, Minnesota, United States website	Technology Hardware	-	2	2	-
Clearfield NASDAQ : CLFD Minneapolis, Minnesota, United States website	Technology Hardware	167	2	2	-
TEL FSI, Inc. Acquired Tokyo Electron 2012-08-13 $252.5M Chaska, Minnesota, United States website	Technology Hardware	-	2	2	-
Multi-Tech Systems PE Backed Northlane Capital Partners 2018-01-03 Mounds View, Minnesota, United States website	Technology Hardware	-	2	2	-
Hartfiel Automation Private Eden Prairie, Minnesota, United States website	Technology Hardware	-	1	1	-
Beacon EmbeddedWorks Private Eden Prairie, Minnesota, United States website	Technology Hardware	-	1	1	-
Equus Computer Systems, Inc. Private Minneapolis, Minnesota, United States website	Technology Hardware	-	1	1	-
North Pole Engineering, Inc. Private Minneapolis, Minnesota, United States website	Technology Hardware	-	1	1	-
3M Co. - Noise, Environmental, and Heat Stress Monitoring Products Acquired TSI, Inc. 2018-02-06 St Paul, Minnesota, United States	Technology Hardware	-	-	-	-
Aerosim Technologies, Inc. Acquired L-3 Communications 2016-09-30 Burnsville, Minnesota, United States website	Technology Hardware	-	-	-	-
ATEK Access Technologies PE Backed Sound Growth Partners 2024-09-10 Eden Prairie, Minnesota, United States website	Technology Hardware	-	-	-	-
Avicenna Technology, Inc. Acquired AMETEK 2011-04-28 Montevideo, Minnesota, United States website	Technology Hardware	-	-	-	-

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