SAN JOSE -- Flextronics has entered into an employment agreement with chief executive Michael Marks, who becomes chairman in January, according to a filing with the Securities and Exchange Commission Wednesday.
Migdal HaEmek, Israel -- Camtek Ltd. and its parent company, Priortech Ltd., filed a lawsuit in the Tel Aviv District Court against Orbotech Ltd. and Orbot Systems Ltd. The suit seeks to recover about $4 million in damages caused by Orbotech's request for a preliminary injunction given ex parte.
Camtek has other legal issues today as well, with August Technology Corp. filing a patent infringement suit over the former's inspection line.