SAN JOSE – Electronics manufacturing services provider SMTC Corp. today said it has agreed to acquire the outstanding shares of EMS firm ZF Array Technology, with operations here and in China.

The purchase price is expected to be approximately $9.1 million, of which approximately $2.4 million is composed of a two-year performance-based earn out. One-time costs of approximately $1.5 million are anticipated in the integration of the two facilities and workforces.

ZF specializes in manufacturing complex electronics equipment and providing systems integration services for telecommunication, wireless and life science equipment manufacturers.

The business generated revenues of approximately $27.8 million in 2010, and currently employs 71 people.

The acquisition will provide SMTC with western regional capabilities, and the company will expand engineering and operational capabilities in prototype development, NPI, RF capabilities, and burn-in and structural test services.

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