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Article: Sanmina-SCI Signs Definitive Agreement to Acquire Elscint's Medical Manufacturing and Assembly Operations in Israel.
- Article from:
- PR Newswire
- Article date:
- December 11, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sanmina-SCI Corporation , a leading supplier of integrated design and electronics manufacturing services (EMS), and Elscint Limited ("Elscint"), today announced that Sanmina-SCI has signed a definitive agreement to acquire Elscint's manufacturing, assembly, engineering and integration operations in Israel. This factory manufactures high-end complex medical systems and other high-end industrial products. Principle customers include GE Medical Systems and Philips Medical Systems. Financial terms of the transaction were not disclosed.
Jure Sola, Chairman and Chief Executive Officer of Sanmina-SCI, said, "This operation, which will become part of our recently formed ...