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RICHMOND, UK – Cable assembly maker Volex has acquired EMS firm Servatron for up to $28.5 million in cash and shares, including assumption of $6.7 million in net debt.

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MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.01 billion in billings worldwide in June, down 19% year-over-year and 2.5% sequentially, according to SEMI.

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BURNABY, BC, CANADA – An undisclosed stake in Creation Technologies has been sold by one private equity firm to another.

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SAN JOSE – Sanmina reported fiscal third quarter revenue of $2 billion, up 11.8% year-over-year and down 4.7% sequentially.

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CAMBRIDGE, UK – The market for wearables in 2019 will reach $50 billion, more than double since 2014, says IDTechEx.

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TEMPE, AZ – Benchmark Electronics will shutter assembly sites in San Jose and Guaymas, Mexico, by the end of March and lay off about 3% of its global workforce.

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