News
JACKSON, MI -- Sparton has passed on buying Celestica's PCB assembly plant in Iowa, saying that anticipated DoD work earmarked for the site has failed to materialize.
The EMS provider said last spring it would try to buy the 70,000-sq. ft. Mount Pleasant plant and save the 340 jobs.
TAIPEI -- Abit, a publicly traded manufacturer of PC hardware, is putting its main
production facilities in China on the market and will outsource its manufacturing, according to news reports.
According to local press reports, Abit will use the proceeds to retire debt.
According to local press reports, Abit will use the proceeds to retire debt.
WETZLAR, GERMANY -- Golden Gate Capital has acquired the semiconductor equipment division of Leica Microsystems AG. Terms were not
disclosed.
David Dominik, managing director of Golden Gate, said in a statement. “SED is well-positioned for growth as a market leader in mask metrology, optical defect review, and direct-write E-beam lithography.” In 2004, the division's revenues were approximately $120 million.
Leica Microsystems SED will continue to be led by the current management team, with manufacturing operations in Germany and the U.K. The company will be called Leica Microsystems SED for a short transition period until a new name has been established.
The acquisition represents the second semiconductor investment for Golden Gate in 2005. In April, the investor group acquired TDK Semiconductor, now named Teridian Semiconductor.
Leica Microsystems makes quality control and defect analysis solutions and E-beam lithography systems for the semiconductor industry.
Leica Microsystems AG is a subsidiary of Danaher Corp.
David Dominik, managing director of Golden Gate, said in a statement. “SED is well-positioned for growth as a market leader in mask metrology, optical defect review, and direct-write E-beam lithography.” In 2004, the division's revenues were approximately $120 million.
Leica Microsystems SED will continue to be led by the current management team, with manufacturing operations in Germany and the U.K. The company will be called Leica Microsystems SED for a short transition period until a new name has been established.
The acquisition represents the second semiconductor investment for Golden Gate in 2005. In April, the investor group acquired TDK Semiconductor, now named Teridian Semiconductor.
Leica Microsystems makes quality control and defect analysis solutions and E-beam lithography systems for the semiconductor industry.
Leica Microsystems AG is a subsidiary of Danaher Corp.
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