News
BOSTON
– Amphenol Corp. continued its mini acquisition spree today, agreeing to buy Teradyne
Inc.’s Connection Systems division for $390 million in cash.
The deal is set to close in 30 to 60 days, pending regulatory and shareholder approvals.
BUDAPEST – The Hungarian unit of Flextronics Intl. will overhaul its product line after two unnamed global mobile phone companies suspended their handset orders, general manager Janos Lang reportedly told the Hungarian daily paper Napi Gazdasag.
New products will include global positioning system devices, naval navigation equipment and digital broadcasting devices. The company hopes to fully recover lost manufacturing capacities in a year, according to Lang. The company laid off some 900 staff after it lost the phone orders.
New products will include global positioning system devices, naval navigation equipment and digital broadcasting devices. The company hopes to fully recover lost manufacturing capacities in a year, according to Lang. The company laid off some 900 staff after it lost the phone orders.
ROSEVILLE, CA -- International
DisplayWorks, a manufacturer and designer of
liquid crystal displays, modules and assemblies, today
announced an initial order worth up to $5 million next year from a new customer to
provide monochrome displays for three proprietary VoIP telephone models.
The customer, a leading communication system and services provider, reported about $4 billion in revenues last year, IDW said.
Shipments are scheduled to begin in the first fiscal quarter; IDW estimates the deal would be worth $3 million to $5 million during the next fiscal year, subject to end-market demand.
"This represents a new relationship for IDW with a large, rapidly growing communication products and services leader," said Tom Lacey, IDW chairman, in a statement.
The customer, a leading communication system and services provider, reported about $4 billion in revenues last year, IDW said.
Shipments are scheduled to begin in the first fiscal quarter; IDW estimates the deal would be worth $3 million to $5 million during the next fiscal year, subject to end-market demand.
"This represents a new relationship for IDW with a large, rapidly growing communication products and services leader," said Tom Lacey, IDW chairman, in a statement.
