News
ANAHEIM, CA --
Quickturn PCB company DDi Corp. has completed the sale of its assembly business to
Veritek Manufacturing Services for approximately $12 million in cash.
The sale reflects the company's previously announced strategy to focus on
its core PCB fabrication, engineering and manufacturing business.
In addition to the sale of its assembly division, DDi is acquiring
Sovereign Circuits, a privately held printed circuit board
manufacturer that builds for the military, aerospace and high reliability
commercial markets. The acquisition is expected to
close this month.
CLINTON, NY – More than 40 technicians and applications engineers attended Indium Corp.’ s 4th Annual Global Technical Summit in September. Attendees from Asia, Europe, Mexico, and the U.S. learned about new products, current research, and breakthrough developments, and presented case studies.
The agenda included presentations by Dr. Claudius Ferger, manager of advanced plastic packaging at IBM’s Thomas J. Watson Research Center; Indium vice president of technology Dr. Ning-Cheng Lee and senior technologist Dr. Ronald C. Lasky.
FREMONT, CA – Scientific Technologies (STI) has completed its merger with a subsidiary of Japan-based Omron Corp. STI shareholders will receive $10.67 per share in cash as a result of the merger, and STI will cease to be a publicly traded company.
As part of the merger, Omron acquired STI’s safety products group, and STI’s automation products group was sold and becomes a standalone company. The total transaction values the equity of the company at approximately $110.8 million.
As part of the merger, Omron acquired STI’s safety products group, and STI’s automation products group was sold and becomes a standalone company. The total transaction values the equity of the company at approximately $110.8 million.
MILPITAS, CA – Flex circuit manufacturer Lenthor Engineering has updated technical details in its Flexible Circuit Design Guide. The new version is available at www.lenthor.com.
The guide is intended to provide a comprehensive understanding of the use, design and fabrication of flexible and rigid-flexible printed circuit boards.
The guide is intended to provide a comprehensive understanding of the use, design and fabrication of flexible and rigid-flexible printed circuit boards.
ALLEN, TX -- Sanmina-SCI has signed a deal to assemble certain components designed by Enablence Technologies and used in household optical
modems, the companies told a local paper. Financial terms were not disclosed.
SAN FRANCISCO -- A September poll of CIOs predicts IT budgets will grow
6.5% over the next 12 months, down slightly from 6.9% in June.
Optimism among CIOs at the biggest companies was higher than in the previous two quarters, suggesting seasonal strength among the biggest companies as the year ends, said Deutsche Bank, which cosponsors the poll.
Optimism among CIOs at the biggest companies was higher than in the previous two quarters, suggesting seasonal strength among the biggest companies as the year ends, said Deutsche Bank, which cosponsors the poll.
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