Circuits Assembly Online Magazine - Current Issue

News

ANAHEIM, CA -- Quickturn PCB company DDi Corp. has completed the sale of its assembly business to Veritek Manufacturing Services for approximately $12 million in cash. The sale reflects the company's previously announced strategy to focus on its core PCB fabrication, engineering and manufacturing business.

In addition to the sale of its assembly division, DDi is acquiring Sovereign Circuits, a privately held printed circuit board manufacturer that builds for the military, aerospace and high reliability commercial markets. The acquisition is expected to close this month.

CLINTON, NY – More than 40 technicians and applications engineers attended Indium Corp.’ s 4th Annual Global Technical Summit in September. Attendees from Asia, Europe, Mexico, and the U.S. learned about new products, current research, and breakthrough developments, and presented case studies.

The agenda included presentations by Dr. Claudius Ferger, manager of advanced plastic packaging at IBM’s Thomas J. Watson Research Center; Indium vice president of technology Dr. Ning-Cheng Lee and senior technologist Dr. Ronald C. Lasky.

FREMONT, CA – Scientific Technologies (STI) has completed its merger with a subsidiary of Japan-based Omron Corp. STI shareholders will receive $10.67 per share in cash as a result of the merger, and STI will cease to be a publicly traded company.

As part of the merger, Omron acquired STI’s safety products group, and STI’s automation products group was sold and becomes a standalone company. The total transaction values the equity of the company at approximately $110.8 million.