News
CLINTON, NY – Indium Corp. has acquired the processes, equipment, and know-how of Reactive NanoTechnologies Inc., developer and manufacturer of NanoFoil.
Indium will move the RNT process and equipment, and a core staff, to its Utica, NY facility.
Customers will now place orders and inquiries directly through Indium. The core RNT team and Indium personnel will support NanoFoil and NanoBond businesses.
No financial terms of the agreement were disclosed.
ATLANTA – Siemens Electronics Assembly Systems has moved to an expanded complex north of Atlanta. The move was finalized in July.
The facility, located in Suwanee, GA, is now fully operational.
BROMMA, SWEDEN – Alpha and AIM have released solder pastes designed and qualified for the Mydata MY500 Jet Printer.
SINGAPORE – Flextronics International Ltd. has sold its remaining stake in its former software development business to private equity firm Kohlberg Kravis Roberts & Co. and Canada's CPP Investment Board for $255 million.
The firm said it is selling the stake to raise cash and improve financial flexibility.
Flextronics sold most of its stake in the business to KKR in 2006. The New York-based firm paid roughly $900 million for the unit, now a privately held company called Aricent, and Flextronics kept a 15% stake.
KKR says its total stake in the company is now 79%.
Press Releases
- Governor Glenn Youngkin Announces First-of-its-Kind American Tin Production Facility
- Surf-Tech Manufacturing Unveils 4,000 sq-ft Expansion, Growing Operations by 50%
- Cetec ERP Expands into Europe with New Strategic Partner
- Vexos Appoints New SVP of Operational Excellence; and Expands Juarez Manufacturing Capacity