Flextronics Completes First Phase Of Arima Acquisition

Singapore-based contract electronics manufacturer completed the first part of a two-phase acquisition of Arima Computer's notebook and server businesses.

NEW YORK (AP) -- Flextronics International Ltd., a Singapore-based contract electronics manufacturer, said Tuesday it completed the first part of a two-phase acquisition of Arima Computer Corp.'s notebook and server businesses.
As part of the first phase, Flextronics bought Arima's design and services groups on Tuesday. Financial terms were not disclosed.
The second phase, which includes the acquisition of Arima's notebook and server manufacturing facility in WuJiang, China, is expected to close in April.
The notebook and server businesses will become part of the Flextronics Computing segment, which provides design, build, ship, and logistics services to customers in the desktop PC, notebook PC, server, storage device, and computer peripherals industries.
''Closing phase one of this acquisition significantly enhances our ODM server offering and significantly strengthens our position in the rapidly growing notebook market,'' said Flextronics Computing President Sean Burke.
Burke said Arima's design and services employees will transition to Flextronics.
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