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SAN JOSE -- Two of the largest EMS firms in the world will join forces as No. 2 Flextronics International this morning announced it would acquire No. 3 Solectron Corp. for $3.6 billion in cash and stock.

The combined company will have about 200,000 employees and annual revenue of more than $30 billion, ahead of the current market leader, Hon Hai (Foxconn).

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SPRINGFIELD, MA -- In the second largest EMS acquisition of the day, Nu Visions Manufacturing and San Francisco-based private equity firm Golden Gate Capital bought Veritek Manufacturing Services for an undisclosed amount.

San Marcos, CA-based Veritek has plants in San Jose and Longmont, CO.

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SPOKANE VALLEY, WAACE Production Technologies has acquired all Drop-Jet Spray Head technology and its related products from Castle Controls & Automation.
 
ACE will offer the flux head as an option on its selective soldering products, and will announce standalone and inline fluxing products in the coming months.
 
No other terms of the agreement were disclosed.

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