SINGAPORE -- Flextronics (NASDAQ: FLEX) today announced that it has completed its previously announced acquisition of Stellar Microelectronics. The acquisition extends Flextronics' service offering in advanced custom packaging solutions that utilize the latest microelectronics technologies for the aerospace, defense and medical manufacturing markets and the ability to support customers with unique U.S. manufacturing needs such as AS9100C, ISO 9001:2008 and ISO13485:2003. The completion of this acquisition also increases Flextronics' aerospace, defense and medical customer portfolio.
"We are very pleased to welcome the Stellar Microelectronics team to our organization. Through their hard work and dedication, they have built a highly successful organization with leading solutions across a diverse range of engineering, product development and production services," said Paul Humphries, group president of Flextronics High Reliability Solutions. "Our organization is now even better able to address the precision-dependent, high-demand needs of the aerospace, defense and medical manufacturing markets, and we look forward to delivering these services with our new team members from Stellar Microelectronics."
Flextronics was represented by Kirkland & Ellis LLP in the transaction.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.