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Flextronics International Ltd. (FLEX)

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  • Wed, Apr. 29, 6:41 PM
  • Wed, Apr. 15, 10:29 AM
  • Dec. 3, 2012, 5:13 PM
    Struggling Flextronics (FLEX) is acquiring Saturn Electronics & Engineering, a provider of contract manufacturing services, solenoids, and wiring for a variety of end-markets, for an undisclosed sum. Saturn recently reported annual sales of $300M. The deal could be an effort on Flextronics' part to lower its exposure to soft tech and consumer electronics industries such as PCs, TVs, servers, and networking gear.
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  • Mar. 12, 2012, 9:58 AM
    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.
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  • Jul. 12, 2011, 12:49 PM
    Following a report that Cisco (CSCO) is looking to sell its set-top box plant, Ticonderoga Securities speculates potential buyers include contract manufacturers Flextronics (FLEX), Jabil Circuit (JBL), and Sanmina-SCI (SANM). During its FQ3 earnings call, Cisco referred to set-top boxes as a business that's "under pressure."
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Company Description
Flextronics International Ltddesigns, build, ships and service complete packaged consumer electronics and industrial products for original equipment manufacturers.