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NEW YORKGeneral Atlantic and Francisco Partners, major private equity firms, have sued Aeroflex Inc., saying the maker of electronics test equipment owes them a larger fee for breaking off a pending merger.

According to an SEC filing, the $22.5 million breakup Aeroflex agreed to pay was some $15 million less than GA and Francisco claim they are owed.
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TAIPEI, TAIWANDelta Electronics announced its May revenues rose 24% to $10 million year-over-year. The company, which makes power systems, video displays, and provides EMS services, said year-to-date revenues were $47.9 million, a 25% increase over last year. 
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TOKYO – JPCA 2007, held amid a minor slowdown in the electronics interconnect industry, must be considered an unqualified success. Between the innovations on display, the incorporation of the Protec assembly show, and real world collaboration, JPCA demonstrated the possibilities of realizing technical advances, and building the foundations for growth while maintaining profitability.  Read more ...

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