GOTHENBURG, SWEDEN -- Prevas AB has agreed to acquire the embedded solutions consulting unit of Flextronics for SEK5.6 million ($875,000) in cash.
The
deal includes the business, development laboratory, and 50
employees. The unit is forecast to reach SEK50 million ($7.8 million) in revenues
in 2008.
Prevas is a publicly traded Swedish IT firm with 500 employees in Sweden, Denmark and Norway.