STOCKHOLM – NOTE, one of Europe’s largest EMS providers, is laying off 124 employees across four locations in Sweden.
SHANGHAI – Business Media China has issued a call for papers for the China SMT Forum scheduled for Nov. 4-6 at the Shanghai International Exhibition Center.
Abstracts are requested for sessions on lead-free soldering and RoHS-conform technologies, semiconductor packaging and power electronics, PCB technologies, surface finishes and quality control, reliability and testing, assembling and soldering technologies, and electronic markets and future trends.
The deadline for abstracts is April 15.
For more information, visit www.chinasmtforum.com.
HERNDON, VA – iNEMI is gearing up for development of its 2009 Roadmap and is looking for industry experts to contribute.
The North American kick-off meeting is Feb. 20-21 at H-P in Cupertino, CA and is open to anyone who wants to participate.
SAN JOSE – Sanmina-SCI today said its first-quarter fiscal 2008 revenue would be $2.53 billion, in line with previous guidance of $2.5 billion to $2.65 billion.
SPRINGFIELD, MA — A merger by a pair of EMS companies has led to a name change for the combined entity.
Nu Visions and Veritek are now OnCore Manufacturing Services (OnCore). The company focuses on the defense/aerospace, medical and industrial segments, and has locations in Springfield, MA; Longmont, CO; San Jose and San Marcos, CA; and Tijuana, Mexico.
The merged company has estimated sales of more than $200 million and more than 900 employees. Its Web site is www.oncorems.com.
Nu Visions and Veritek are now OnCore Manufacturing Services (OnCore). The company focuses on the defense/aerospace, medical and industrial segments, and has locations in Springfield, MA; Longmont, CO; San Jose and San Marcos, CA; and Tijuana, Mexico.
The merged company has estimated sales of more than $200 million and more than 900 employees. Its Web site is www.oncorems.com.
YAVNE, ISRAEL – Software provider Valor Computerized Systems plans an initial public offering of ordinary shares, according to a Securities and Exchange Commission filing.
The company did not disclose the expected size or price range of the IPO, but indicated the planned March offering may net up to $80.5 million.
The company plans to offer $50 million of shares, while shareholders will make an offer to sell of up to an additional $20 million of their shares and underwriters will be granted options for an additional $10.5 million worth of shares.
For the nine months ended Sept. 30, Valor's earnings were $2.2 million on revenue of $31.4 million.
The company did not disclose the expected size or price range of the IPO, but indicated the planned March offering may net up to $80.5 million.
The company plans to offer $50 million of shares, while shareholders will make an offer to sell of up to an additional $20 million of their shares and underwriters will be granted options for an additional $10.5 million worth of shares.
For the nine months ended Sept. 30, Valor's earnings were $2.2 million on revenue of $31.4 million.
Valor, currently traded on the Frankfurt Exchange, said its new symbol will be "VLOR."
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