Flextronics (FLEX -0.3%) is acquiring fellow electronics contract manufacturer Stellar...

|About: Flex Ltd.. (FLEX)|By:, SA News Editor

Flextronics (FLEX -0.3%) is acquiring fellow electronics contract manufacturer Stellar Microelectronics for an undisclosed sum. Stellar, which focuses on building hardware for the aerospace, defense and medical markets that requires custom packaging, has annual revenue of nearly $100M. The deal is expected to close by the end of April.