Mentor buys Valor

Mentor Graphics and Valor have signed a definitive merger agreement for Mentor Graphics to acquire Valor.

October 13 2009, 10:49 AM

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PCBUnder the terms of the agreement, which was approved by the boards of directors of both companies, Valor shareholders will receive a combination of Mentor Graphics common shares and cash for aggregate consideration equating to approximately $4.60 per Valor share.

The transaction is expected to close during the first calendar quarter of 2010, after which Valor will become a wholly-owned subsidiary of Mentor Graphics.

Nokia: "class action complaint without merit"

OEMFinnish mobile phone giant Nokia said ist will vigorously defend itself against a class action complaint filed against the company last Friday (2010-02-05) in the U.S. District Court for the Southern District of New York.

Salo

Nokia lays off 285 in Salo, Finland

OEMNokia is planning to develop the operating mode of its Salo plant to ensure production is focused fully on the high-value smartphone market, especially in Europe. The plans will affect 285 employees - mainly in production.

JD Photo-Tools adds new distribution partners

SMT & InspectionScanplot have been chosen by JD Photo-Tools to represent its photomask and imaging business throughout Scandinavia. The agreement comes into force on 1st February 2010.

Electrolube expands its global market

SMT & InspectionAs a result of growing global markets, Electrolube has recently appointed a new export manager to oversee the develop of the company’s business in a number of countries.

Koh Young move to larger facility

SMT & InspectionSPI & AOI equipment manufacturer Koh Young Technologies has relocated - and thus expanded - its Seoul headquarters to a new, larger building, effective February 12, 2010.

Kimball: net sales remained flat in 2Q

EMS2Q net sales in the EMS segment remained flat with the 2Q of the prior year as an increase in net sales to customers in the automotive industry was offset by a decline in net sales in the industrial control and public safety industries, reports Kimball Electronics.

New opportunities for PCB's

PCBAt the Würth workshop, Frank Ebling spoked about embedding components in printed circuit board.

Foxconn post higher sales in January

EMSIt looks as if sales are picking up again for EMS giant Foxconn, which posted increasing sales figures for last month.

Aspocomp Oulu invest in Orbotech LDI system

PCBAspocomp Oulu has purchased a Paragon-SM 20 Laser Direct Imaging (LDI) system dedicated to imaging Solder Mask layers at its bare printed circuit board operation in Oulu, Finland from Orbotech.

Prolific demand from applications triggers growth in the X-ray market

SMT & InspectionBurgeoning demand from applications such as forensics, environmental protection, pollution, recycling, and research is expected to provide support for the world X-ray instrumentation markets.

Ultra Electronics EMS operation in Cambridge receives certification

EMSUltra Electronics EMS operation in Cambridge gains AS9100 & ISO9001:2008.

Sale of Flextronics Canéjan plant still not solved

EMSEMS-provider Flextronics closed down its plant in Canéjan, France in 2008. However, the sale of this plant is still not completed and the facility remains up for sale.

2010 ushers in a new decade in EMS

EMSWhat a decade the "00’s" have been: boom and bust followed by a mild boom and a giant bust! The decade was ushered in by a "tech wreck" led recession and ushered out by the greatest global recession in a generation. But through it all consumers kept consuming gadgets, businesses kept investing in IT, capital equipment and communications technology, and the EMS engine continued to crank out the products the world uses.

SEMI seeks RoHS exclusion for Chip & PV Manufacturing Equipment

ComponentsThe European regulation, Restriction of Hazardous Substances (RoHS), restricts the use of certain hazardous substances in electrical and electronic equipment. Semiconductor and photovoltaic manufacturing equipment (SPME) are currently excluded from the scope of RoHS under the large-scale stationary industrial tool (LSIT) exclusion.

Bell Labs creates 70 jobs in Ireland

OEMBell Labs, the research division of Alcatel-Lucent, plans to create 70 new jobs in Ireland over the next five years.

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