News
GREENVILLE, SC -- Kemet Corp. has completed its previously announced acquisition of Epcos AG's tantalum capacitor business for 86.5 million euros (approximately $103 million). Kemet is paying $81.3 million in cash and the rest in assumed liabilities and working capital adjustments.
The acquisition includes the Epcos tantalum capacitor manufacturing operation in Evora, Portugal, plus certain R&D, marketing and sales functions in various locations, primarily within Europe.
The deal does not include Epcos's tantalum capacitor manufacturing facility in Heidenheim, Germany. Epcos' will continue to produce product exclusively for Kemet at the Heidenheim facility. Once the transition is completed, in September, Kemet will purchase the Heidenheim manufacturing assets.
About $93.5 million of the deal is tied to the closing. The remainder will be paid when the manufacturing and supply agreement expires in September.
The acquisition includes the Epcos tantalum capacitor manufacturing operation in Evora, Portugal, plus certain R&D, marketing and sales functions in various locations, primarily within Europe.
The deal does not include Epcos's tantalum capacitor manufacturing facility in Heidenheim, Germany. Epcos' will continue to produce product exclusively for Kemet at the Heidenheim facility. Once the transition is completed, in September, Kemet will purchase the Heidenheim manufacturing assets.
About $93.5 million of the deal is tied to the closing. The remainder will be paid when the manufacturing and supply agreement expires in September.
BURLINGTON, VT -- The 50 largest EMS companies topped $100 billion in sales for the first time, accounting for 2005 revenue of $109.2 billion.
Combined sales for top 50 companies grew 14.4% in 2005. Growth was heavily influenced by the estimated results of Hon Hai Precision Industry (Foxconn); without Hon Hai, the remaining 49 providers produced an aggregate growth of 3.1%.
Combined sales for top 50 companies grew 14.4% in 2005. Growth was heavily influenced by the estimated results of Hon Hai Precision Industry (Foxconn); without Hon Hai, the remaining 49 providers produced an aggregate growth of 3.1%.
SAN JOSE -- Hammer Storage, a
division of Bell Microproducts, has added the Hammer NA-1400 Network-Attached Storage Appliance to its
product line.
The high capacity device provides up to two terabytes of external storage in a compact, toaster-sized package. It is designed by Newisys Inc., a developer of computing and storage designs, and manufactured by its parent company Sanmina-SCI.
The high capacity device provides up to two terabytes of external storage in a compact, toaster-sized package. It is designed by Newisys Inc., a developer of computing and storage designs, and manufactured by its parent company Sanmina-SCI.
