NOIDA, INDIA -- Dixon Technologies has acquired all outstanding shares in its joint venture, Padget Electronics.
The EMS company did not disclose the purchase price for Padget, a maker of cellphones.
Dixon was a 50% partner in Padget, which now becomes a wholly owned subsidiary.
Padget had sales of Rs 1,351 crores in its most recent fiscal year.
Dixon Technologies is India's largest domestic EMS, with six manufacturing facilities in the country.