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NBS to Acquire CompServ

Published: 15 January 2009
 by Staff
SANTA CLARA, CA – EDesign and EMS firm NBS will acquire CompServ, whose president will head the companies, the company said today. Financial terms of the deal were not disclosed.

Fremont, CA-based EMS company CompServ president Michael Maslana will become as CEO and president of NBS. He replaces NBS founder, president and CEO Craig Arcuri, who is leaving to spend more time with family and to pursue his passion for aviation.
Privately held NBS has estimated annual sales of about $40 million. For its part, in 2005 CompServ acquired electronics test company Datest Corp.

In a press release, Maslana said, “By combining CompServ’s organizational infrastructure, sales and marketing,and supply chain expertise with NBS's stellar reputation, the more diversified stronger company is positioned not only to meet the market’s demands, but also to expand our services and footprint."

The company will seek additional business from existing customers, make strategic acquisitions and selectively enter global markets, he added.


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