PCB | June 10, 2005
Subsidiary of Solectron acquires Teradyne's PCB business
Fine Pitch Inc., a subsidiary of Solectron acquires the Boston-based ATE vendor Teradyne Inc.'s PCB manufacturing.
Solectron and Teradyne have already an ongoing manufacturing partnership. "Teradyne is focused on using contract manufacturing partners to deliver flexible manufacturing capacity and can take advantage of Solectron's expertise and scale. Employees get locally-based jobs with an industry leader looking to build a business around their skills", said Jim Federico, Teradyne's VP of ATE to Circuitnet.