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TUMKUR, INDIA -- Incap Corp. has signed an agreement to acquire TVS Electronics Ltd.'s contract manufacturing operations in Tumkur in a deal worth some $10 million.

The deal includes TVS's design services in Bangalore, which will be transferred to Incap Contract Manufacturing Services Pvt. Ltd.

The publicly traded, Oulu, Finland-based Incap had sales of $121 million in 2006 and employs 550 workers. TVS's


FRANKLIN, MA – On July 19, Speedline will offer a free Webcast on stencil printing solder paste for the formation of solder bumps. 
 
This Webinar will review all aspects of the bump printing process including stencil design, solder paste selection, fixturing and printing parameters. In addition, optimization of the related reflow soldering process will be discussed. 
 
The one-hour presentation will start at 11:00 am EST. 
 
To register, go to www.speedlinetech.com/seminars.

EL SEGUNDO, CAAcer Inc. supplanted rival Lenovo as the world’s third largest PC supplier in the first quarter, according to iSuppli Corp.

Acer also posted the best growth performance among the Top-5 PC suppliers on a year-over-year basis. PC shipments at the Taiwanese company rose 45.8% to 4.2 million units, up from 2.9 million last year.

The company also achieved the largest percentage increase in unit shipments among the Top-5 suppliers in the fourth quarter, posting a 42.7% rise year-over-year. In the fourth quarter, Acer displaced Toshiba for third in worldwide notebook PC market.

Acer and No. 1 Hewlett Packard. were the standouts among the Top-5 PC suppliers, with year-to-year growth rates surpassing those of Lenovo, Toshiba and Dell.

Dell was the only PC OEM among the Top-5 to suffer a decline in units compared to the same period last year. The one-time leader saw units drop 6.8%, to nine million.

Dell’s performance pales against its competitors. During the quarter, collective unit shipments by the Top-5 PC makers increased 14.2% compared to last year, exceeding overall industry growth of 8.7%.

However, Dell announced a plan in the second quarter to sell PCs through Wal-Mart in North America. The company also restored founder Michael Dell to the role of CEO, and added Michael Cannon, the former CEO of Solectron.

Dell’s moves may be bearing fruit, said iSuppli. Although company unit shipments were down 6.8% in the first quarter, the decline was less than the 8.6% decrease in the fourth quarter.
SAN JOSE -- Two of the largest EMS firms in the world will join forces as No. 2 Flextronics International this morning announced it would acquire No. 3 Solectron Corp. for $3.6 billion in cash and stock.

The combined company will have about 200,000 employees and annual revenue of more than $30 billion, ahead of the current market leader, Hon Hai (Foxconn).

Read more ...
SPRINGFIELD, MA -- In the second largest EMS acquisition of the day, Nu Visions Manufacturing and San Francisco-based private equity firm Golden Gate Capital bought Veritek Manufacturing Services for an undisclosed amount.

San Marcos, CA-based Veritek has plants in San Jose and Longmont, CO.

Read more ...
SPOKANE VALLEY, WAACE Production Technologies has acquired all Drop-Jet Spray Head technology and its related products from Castle Controls & Automation.
 
ACE will offer the flux head as an option on its selective soldering products, and will announce standalone and inline fluxing products in the coming months.
 
No other terms of the agreement were disclosed.

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