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SINGAPORE -- Seagate Technology today said it would buy Maxtor Corp. in an all-stock deal worth $1.9 billion. An antitrust review will hold up the transaction until the latter half of 2006, Seagate CFO Charles Pope said on a conference call announcing the deal.

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ST. PETERSBURG, FL-- Jabil Circuit's fiscal first quarter profit climbed 38% on strong demand for consumer electronics and telecom gear. For November quarter, Jabil earned $76.9 million, up from $55.9 million a year ago.

Revenue rose 31% percent to $2.4 billion from $1.83 billion last year.


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TIMISOARA, RomaniaSolectron has opened a Design and Engineering Services Center in Timisoara, its largest European facility. The added capabilities will enable electrical and mechanical design, advanced process technology, leading edge test development and failure analysis. 

Solectron is the largest private employer in the Timisoara region. The site serves major OEMs in computer, telecommunications, digital consumer and industrial markets.
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