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Solectron Buys Teradyne Unit

Photonics.com
Jun 2005
BOSTON, June 9 -- Teradyne Inc. has announced the sale of its printed circuit board manufacturing unit, based in North Reading, Mass., to Fine Pitch Inc., a business of Solectron. Terms of the deal were not disclosed.

The printed circuit board group manufactures low-volume, high-mix circuit boards for Teradyne's semiconductor test products. Solectron is a Teradyne manufacturing partner.

"This agreement is a win for all involved," said Jim Federico, Teradyne's vice president of automatic test equipment operations. "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."

Teradyne is a supplier of automatic test equipment and interconnection systems for semiconductor, electronics, automotive and network systems companies.

For more information, visit: www.teradyne.com




GLOSSARY
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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