Solectron Completes Divestiture of Dy4 Systems


Reading time ( words)

Milpitas, Calif. — Solectron Corp. has completed the sale of its Dy 4 Systems business to Curtiss-Wright Corp. on January 31.

The completion of the sale was accomplished based on the terms previously disclosed of Curtiss-Wright acquiring Dy 4 for $110 million. The transaction is part of Solectron's previously announced plan to sell certain assets that are not central to the company's future strategy.

Solectron Corp. provides a full range of global manufacturing and integrated supply chain management services to the world's premier high-tech electronics companies. For more information, visit www.solectron.com.

Share

Print



Copyright © 2019 I-Connect007. All rights reserved.