HYDERABAD, INDIA -- Cyient today announced an agreement to acquire a majority stake in EMS firm Rangsons Electronics for an undisclosed amount in cash.

SINGAPORE -- Kulicke and Soffa Industries has entered into a definitive agreement to acquire a 100% equity stake of Assembléon for $98 million in cash.

NORTH BILLERICA, MA -- EMS firm MC Assembly has signed a lease for nearly 60,000 sq. ft. of space at the Brookwood Business Center here.

MCLEAN, VA -- Gladstone Capital has committed to invest up to $15 million through a combination of debt and equity to support a private investment in a US electronics manufacturing services company.

TABY, SWEDEN -- Mycronic AB raised its financial outlook for full year revenue in 2014, saying sales from both its divisions are running ahead of plan.

WASHINGTON -- New regulations for Military Electronics Category XI that go into effect next week will reportedly clarify ITAR controls on printed circuit boards, IPC says. 

CHENNAI -- The intensity surrounding Foxconn's decision to close its manufacturing plant here ramped today as more than 500 workers reportedly tried to enter the site.

MILPITAS, CA -- Lenthor Engineering has moved into a new 55,000 sq. ft., $16-million printed circuit board manfuacturing facility here.

BANNOCKBURN, IL --  The 90-day moving average orders among North American PCB fabricators bookings increased 12.4% in November, IPC said today.

LAGUNA, PHILIPPINES — Cirtek Holdings Philippines will raise $10 million via a corporate note issuance with plans to use the funds for future acquisitions. 

TAIPEI -- In the face of criticism that it is ignoring humane treatment of its workers in order to meet Apple's demands, Pegatron, the world's second-largest EMS/ODM company, today issued a statement insisting that worker safety is its top priority.

KULAIJAYA, JOHOR, MALAYSIA -- Beyonics Technology is pouring about $10 million in a new 288,000 sq ft. facility here, where the EMS company will build everything from electronics assemblies to metal enclosures and frames.