TORONTO -- Celestica's top executive says the EMS company is seeking possible acquisitions among healthcare companies.

CEO Craig Muhlhauser said Celestica has identified 14 companies as possible candidates for acquisition, adding that healthcare technology is "probably where an acquisition of intellectual property, technology (or) market position would be something that would be more attractive to us."

He added that Celestica would be cautious about targets that would come with a high price tag, as the return on investment might be more difficult to achieve. 

Muhlhauser made the comments Nov. 10 at scheduled investors conference.

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