TAIPEI – Foxconn has paid about $45 million for Cisco’s set-top box manufacturing facilities in Mexico, a deal previously announced in July:
http://circuitsassembly.com/cms/news/11432-foxconn-buys-ciscos-juarez-facility.
Foxconn acquired the sites through PCE Paragon Solutions, a Hon Hai subsidiary, say published reports.
Cisco had acquired the plants as part of its purchase of Scientific-Atlanta in 2006. The production facility in Juarez has a total staff of 5,000.
The companies had announced the deal in mid-summer but had not previously disclosed the sale price.