News
ANAHEIM, CA – Along with its second quarter financial results, DDi Corp. announced that it has acquired PCB manufacturer Soverign Circuits and sold its assembly business to Veritek Manufacturing.
On August 8,, DDi sold its assembly business to Veritek Manufacturing Services LLC, for approx. $12 million in cash. The assembly business had unaudited net sales of $15.6 million for the six months ended June 30, 2006 and $31.1 million for 2005, with gross margins of 13% and 10%, respectively.
On August 8,, DDi sold its assembly business to Veritek Manufacturing Services LLC, for approx. $12 million in cash. The assembly business had unaudited net sales of $15.6 million for the six months ended June 30, 2006 and $31.1 million for 2005, with gross margins of 13% and 10%, respectively.
Thief River Falls, MN – Quatech, a wholly owned subsidiary of DPAC Technologies Corp., signed a distribution agreement with Digi-Key. Products distributed by Digi-Key include wireless modules and external device servers. These modules afford designers the opportunity to use finished RF designs in their own projects, which results in rapid design turnaround time and frequently, reduced costs.
Digi-Key will also stock Fox Electronic’s range of crystals, oscillators, VCXOs, TCXOs and OXCOs. New products will be added to Digi-Key’s line as they are announced by Fox.
Digi-Key will also stock Fox Electronic’s range of crystals, oscillators, VCXOs, TCXOs and OXCOs. New products will be added to Digi-Key’s line as they are announced by Fox.
Digi-Key also signed an agreement to stock Future Designs Inc.’s USB in-circuit programs and an LCD demonstration kit. FDI is a design consultant for a variety of products from Philips Semiconductors.
Irvine, CA – The electronics group of Henkel plans to broaden its scope in India, with several of its top customers setting up production centers in the region. Development plans include the expansion of the local sales force through direct sales and distribution channels, growth of the technical applications staff, establishment of product manufacturing and refinement of logistics operations.
The company has appointed Bhavesh Muni as global director of business development for India. Muni has spent the last four years with Henkel in various sales and product management roles, and is a native of Bhavnagar, Gujarat, India.
“India has been on our radar screen for quite some time,” said Patrick Trippel, president. “With an office and support team already in place in Bangalore, we are now taking our regional commitment to the next level with the expansion of the sales and application staffs and the appointment of Bhavesh Muni to the newly-created business development role.”
The company has appointed Bhavesh Muni as global director of business development for India. Muni has spent the last four years with Henkel in various sales and product management roles, and is a native of Bhavnagar, Gujarat, India.
“India has been on our radar screen for quite some time,” said Patrick Trippel, president. “With an office and support team already in place in Bangalore, we are now taking our regional commitment to the next level with the expansion of the sales and application staffs and the appointment of Bhavesh Muni to the newly-created business development role.”
