MANUFACTURING industries and CONSOLIDATION & merger of corporations
The article reports on the definitive agreement signed by South Carolina-based rapid prototyping developer 3D Systems Corp. to acquire Massachusetts-based Z Corp. and Virginia-based Vidar Systems Corp. from the Contex Group for 137 million dollars. Contex is a subsidiary of the Swedish firm Ratos AB. The opinion of 3D Systems' Abe Reichental on the acquisition is also cited.
CONSOLIDATION & merger of corporations, ELECTRONIC industries, MANUFACTURING industries, MANUFACTURES, TECHNOLOGY, ELECTRONIC apparatus & appliances, and ELECTRONIC instruments
The article provides a glimpse of acquisition trends in the electronics manufacturing services (EMS) industry. Companies are being acquired to establish local prototyping locations or add diversification to EMS service offerings. Successful EMS companies are becoming more vertically integrated to offer additional services to their customers under one business structure. In the EMS world, it is cheaper to buy capabilities than to develop new processes or methodologies. The largest EMS companies today own design, materials, plastics, optics, assembly, test and integration capabilities.