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Article: Flextronics Completes Acquisition of CEAG's FRIWO Mobile Power Business Unit.
- Article from:
- PR Newswire
- Article date:
- May 7, 2008
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SINGAPORE, May 7 /PRNewswire-FirstCall/ -- Flextronics today announced that it has completed its previously announced acquisition of the FRIWO Mobile Power (FMP) business unit of CEAG AG, a global market leader for power supplies and chargers for mobile telephones. FMP is now part of Flextronics' power supply division.
"The acquisition of the FRIWO Mobile Power Business unit substantially expands our power supply capability and we expect to be one of the top power supply companies within the next 18 months," said Bob Roohparvar, president of Vista Point Technologies. "This acquisition broadens our relationships with mobile phone OEMS, enhances our global reach ...