FRANKFURT -- German electronics industry investments abroad hit am all-time high in 2011 of EUR 57.2 billion, the Association of Electrotechnology and Electro-industry (ZVEI) announced today. The mark is nearly triple 2002 levels, ZVEI said.
PETACH-TIKVA, ISRAEL -- Electronics manufacturing services provider Nistec will acquire a majority stake in PCB fabricator Eltek for $6.3 million.
SCHAUMBURG, IL -- A subsidiary of Sparton has signed a definitive agreement to acquire certain assets and liabilities of flat panel display maker Aydin Displays, for an as-yet undisclosed amount.
UTICA, NY -- A US bankruptcy court yesterday set the rules for the asset sale of Endicott Interconnect Technologies, effectively bringing to a close the first chapter of the company's post-IBM history.
UTICA, NY — Endicott Interconnect Technologies' interim head told a bankruptcy court that the company has failed to turn a profit since 2008, and has continued to exist on the backs of loans and by cutting deals with vendors.