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Solectron Reaches Definitive Agreement to Sell Embedded Computing Business to Motorola
June 18, 2004 |Estimated reading time: Less than a minute
Milpitas, Calif. — Solectron Corp. has signed a definitive agreement to sell its Force Computers embedded computing business to Motorola Inc.
Once the sale is final, Motorola will integrate Force into its Motorola Computer Group (MCG).
Force and MCG both provide embedded computing products and services to original equipment manufacturers in a wide variety of applications. The companies expect to close the transaction in the third calendar quarter of 2004.
This transaction is part of Solectron's previously announced plan to sell certain assets that are not central to the company's future strategy. Terms of the deal were not disclosed.
Solectron provides a full range of worldwide manufacturing and integrated supply chain services to the world's premier high-tech electronics companies. For more information, visit www.solectron.com.