NEENAH, WI – Plexus Corp. reported first-quarter revenue
of $381 million, in line with previous estimates. The company warned that previously expected military program ramps were not materializing as expected.
For the quarter ended Dec. 30, the company reported profits
of $15 million and gross margins of 10.4%.
ROCHESTER, NY – EMA Design Automation announced that it has acquired the Chronology Division of Forte Design Systems. No terms were announced. As part of the deal, EMA acquired TimingDesigner, an interactive timing analysis tool.
ST. LOUIS, MO - Laird Technologies has acquired AeroComm for $38 million. AeroComm designs and manufactures wireless communications systems for low- to mid-volume OEM applications. Key applications include gaming machines, industrial automation, lighting controls, heavy equipment telemetry, athletic event scoreboards, wheel alignment sensor systems, and automatic utility meter readers. Lenexa, KS-based AeroComm reported 2006 profits of $2.9 million.
Laird designs and manufactures antenna solutions, electromagnetic interference (EMI) shielding products, telematics, signal integrity products and thermal management solutions.
DAYTON, OH -- NCR Corp. will outsource its ATM, payment solutions and self-checkout systems to Solectron Corp. The companies did not disclose the estimated value of the five-year contract. The deal covers NCR's ATMs and payment solutions in the Americas and its self-checkout systems globally. NCR will transfer its Americas manufacturing to Solectron's sites in Columbia, SC; Guadalajara, Mexico; and Jaguariuna, Brazil by the end of 2007.