News
SAN JOSE -- Troubles continued at EMS firm Sanmina-SCI which this week concluded that its financial statements for the fiscal periods from September 2002 through April 2006 will be restated. The firm will take material charges for problems stemming from past stock option grants.
The company had previously disclosed a special special committee of its board to review matters related to stock option policies and practices dating to Jan. 1, 1997.
The company had previously disclosed a special special committee of its board to review matters related to stock option policies and practices dating to Jan. 1, 1997.
IRVING, TX – EMS firm Elcoteq will take over supply-chain management for Andrew Corp.'s filter business in Europe, a deal worth an estimated $100 million in net sales next year, Elcoteq said. Elcoteq will also pay $12 million for Andrew's manufacturing unit in Arad, Romania.
OTTAWA, IL – B&B Electronics, a provider of automation and communications products, has acquired Advanced Embedded Systems, a designer and developer of wireless solutions for the industrial market. Other terms were not disclosed.
AES will become part of B&B's engineering and technical group in Ottawa, IL. The acquisition provides B&B with in-house wireless design expertise, enhancing the company's research and development capabilities.
AES was founded in 2000 and is based in Phoenix.
AES will become part of B&B's engineering and technical group in Ottawa, IL. The acquisition provides B&B with in-house wireless design expertise, enhancing the company's research and development capabilities.
AES was founded in 2000 and is based in Phoenix.
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